MoneyWorks4Me

Crompton Greaves Consumer Electricals reports 18% fall in Q2 consolidated net profit

27 Oct 2022 Evaluate

Crompton Greaves Consumer Electricals has reported results for second quarter ended September 30, 2022.

The company has reported a fall of 22.60% in its net profit at Rs 131.95 crore for the quarter under review as compared to Rs 170.48 crore for the same quarter in the previous year. Total income of the company decreased by 4.03% at Rs 1356.30 crore for Q2FY23 as compared Rs 1413.25 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 17.69% in its net profit at Rs 130.71 crore for the quarter under review as compared to Rs 158.81 crore for the same quarter in the previous year. However, total income of the company increased by 22.53% at Rs 1717.80 crore for Q2FY23 as compared Rs 1401.98 crore for the corresponding quarter previous year.


Peers