Consumer electricals maker posts double-digit revenue growth in FY26 fourth quarter, while margins narrow amid higher commodity costs and exceptional charge linked to Butterfly Gandhimathi business
Crompton Greaves Consumer Electricals reported a net loss of Rs 533.9 crore in the fourth quarter of FY26, reversing from a net profit of Rs 169.5 crore recorded in the corresponding period last year, after accounting for a Rs 716 crore impairment charge linked to its Butterfly Gandhimathi business.
Excluding exceptional items, the company said its adjusted profit after tax remained steady at Rs 172 crore during the quarter.
The company’s consolidated revenue rose 10.8 per cent year-on-year to Rs 2,283.3 crore in the January–March quarter, compared with Rs 2,060.8 crore a year earlier. Ebitda increased marginally by 1.2 per cent to Rs 270.7 crore.
However, Ebitda margin contracted to 11.9 per cent from 13 per cent in the year-ago quarter, primarily due to elevated commodity prices and higher operating expenses, although some of the pressure was mitigated through cost optimisation measures.
The board of directors has recommended a dividend of Rs 3 per equity share for FY26, subject to approval by shareholders at the company’s annual general meeting scheduled for 7 August 2026. The record date to determine shareholders eligible for the dividend has been set as 24 July 2026.
In a separate update, the company said it had fully redeemed its listed secured non-convertible debentures worth Rs 300 crore during FY26. Following the repayment, the charge created over the “Crompton” and “Crompton Greaves” trademarks has been released.
