Crompton Greaves Client Electricals Ltd.’s consolidated web revenue surged 23% within the quarter ended March 31, in accordance with an alternate submitting on Thursday.
The corporate posted a revenue of Rs 169 crore within the fourth quarter as in comparison with Rs 138 crore in the identical interval final yr, it stated.
Crompton This fall FY25 Highlights (Consolidated, YoY)
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Income up 5% to Rs 2,061 crore versus Rs 1,961 crore.
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Ebitda up 30% at Rs 264 crore versus Rs 204 crore.
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Margin expands to 12.8% versus 10.4%.
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Internet revenue up 23% to Rs 169 crore versus Rs 138 crore.
The board of Crompton Greaves advisable a dividend of Rs 3 per share for the monetary yr 2025.
“This quarter’s progress was pushed by strong demand in photo voltaic pumps and home equipment, notably mixer grinders and air coolers,” Chief Govt Officer Promeet Ghosh stated. “In lighting, B2C high line grew regardless of ongoing value erosion, supported by a beneficial product combine.”
Shares of Crompton Greaves closed 1.21% decrease at Rs 327.4 apiece on the Nationwide Inventory Alternate, in comparison with a 1.6% rise within the benchmark Nifty. The inventory has fallen 3.16% within the final 12 months and 17.28% on a year-to-date foundation.
Out of the 39 analysts monitoring the corporate, 36 have a ‘purchase’ score on the inventory, two advocate ‘maintain’ and one suggests ‘promote’, in accordance with Bloomberg knowledge. The typical of 12-month analysts’ value goal implies a possible upside of 38%.
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