Crompton Greaves Consumer Electricals Ltd

In a regulatory filing, the company stated that the order falls under Component-B of the PM-KUSUM scheme, a government initiative aimed at promoting solar energy in the agricultural sector. The scope of the turnkey project includes the design, manufacture, supply, transportation, installation, testing, and commissioning of the solar water pumps across Maharashtra. The entire project is scheduled for completion within 90 days from the issuance of the work order. The contract also includes a comprehensive five-year maintenance contract (CMC), ensuring long-term reliability and post-installation support. Crompton's solar-powered DC submersible pumps are engineered for high performance and durability, catering specifically to off-grid and rural areas that face challenges in water accessibility. To ensure efficient execution, the company plans to deploy its trained field personnel, local district support teams, and extensive after-sales service network across the state. The company said that this initiative aligns directly with national objectives to facilitate farmers' transition from conventional energy sources to renewable solar energy, delivering both economic savings and environmental benefits. The order comes amid rapid growth in India's submersible water pump market, driven by increasing demand in agriculture, rural water supply, and off-grid applications. Solar-powered submersible pumps are becoming vital in regions with irregular rainfall and limited grid power, enabling consistent and sustainable irrigation. Rajat Chopra, Business Head ' Home Electricals & Pumps at Crompton Greaves Consumer Electricals, commented, 'We are delighted to have received the Letter of Award from MEDA for 4,500 Solar Photovoltaic Water Pumping Systems under the PM-KUSUM scheme. This milestone not only marks our largest solar pump order to date but also reflects our ongoing commitment to delivering reliable and high-performance pumping solutions tailored to the needs of farmers across India. The order reinforces confidence in Crompton's product excellence, long-lasting performance, and robust service network. It further strengthens our position as a trusted partner in driving solar-powered irrigation forward. At Crompton, we remain focused on enabling clean energy access for farmers while ensuring seamless execution backed by quality, innovation, and strong after-sales support.' Crompton Greaves Consumer Electricals is one of the leading consumer companies in India with a brand legacy of over 75 years. It is an independent company under professional management, operating in two business segments: lighting and electrical consumer durables. We market our products under the 'Crompton' brand name in India and select export markets. The company's consolidated net profit jumped 22.5% to Rs 169.48 crore on 5.1% increase in revenue from operations to Rs 2,060.64 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

 Crompton Greaves Consumer Electricals has achieved a landmark milestone in its green energy journey by securing its largest-ever order in the solar water pump segment. The company has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) valued at over Rs 101 crore (exclusive of GST) for the design, manufacture, supply, transportation, installation, testing, and commissioning of 4,500 Off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) across Maharashtra under Component-B of the PM-KUSUM scheme.Powered by Capital Market - Live

Crompton Greaves Consumer Electricals announced that dividend of Rs 3 per share will be paid on or after 08 August 2025. Powered by Capital Market - Live

Net profit of Crompton Greaves Consumer Electricals rose 22.49% to Rs 169.48 crore in the quarter ended March 2025 as against Rs 138.36 crore during the previous quarter ended March 2024. Sales rose 5.08% to Rs 2060.64 crore in the quarter ended March 2025 as against Rs 1961.00 crore during the previous quarter ended March 2024. For the full year,net profit rose 26.38% to Rs 555.95 crore in the year ended March 2025 as against Rs 439.92 crore during the previous year ended March 2024. Sales rose 7.53% to Rs 7863.55 crore in the year ended March 2025 as against Rs 7312.81 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2060.641961.00 5 7863.557312.81 8 OPM %12.8310.38 -11.309.76 - PBDT270.38204.08 32 909.04701.89 30 PBT230.80169.04 37 756.21573.07 32 NP169.48138.36 22 555.95439.92 26 Powered by Capital Market - Live

Crompton Greaves Consumer Electricals announced that the Board of Directors of the Company at its meeting held on 15 May 2025, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Crompton Greaves Consumer Electricals announced that the 11th Annual General Meeting(AGM) of the company will be held on 8 August 2025.Powered by Capital Market - Live

Crompton Greaves Consumer Electricals will hold a meeting of the Board of Directors of the Company on 15 May 2025.Powered by Capital Market - Live

Crompton Greaves Consumer Electricals Ltd fell 3.61% today to trade at Rs 340.5. The BSE Consumer Durables index is down 0.19% to quote at 58627.87. The index is up 5.57 % over last one month. Among the other constituents of the index, Havells India Ltd decreased 3.58% and Voltas Ltd lost 1.12% on the day. The BSE Consumer Durables index went up 8.27 % over last one year compared to the 8.66% surge in benchmark SENSEX. Crompton Greaves Consumer Electricals Ltd has lost 5.99% over last one month compared to 5.57% gain in BSE Consumer Durables index and 2.75% rise in the SENSEX. On the BSE, 7675 shares were traded in the counter so far compared with average daily volumes of 2.44 lakh shares in the past one month. The stock hit a record high of Rs 483.65 on 02 Sep 2024. The stock hit a 52-week low of Rs 298.15 on 22 Apr 2024.Powered by Capital Market - Live

The order includes the design, manufacturing, transportation, and installation of solar photovoltaic water pumping systems across various locations in Maharashtra. These systems are aimed at helping farmers access reliable, off-grid water sources powered by solar energy. With this development, Crompton continues to expand its presence in solar pumping, an area it has been actively investing in. The company's pumps are built for durability and efficiency, using stainless steel construction for resistance to rust and corrosion. Crompton also brings a solid track record of performance, supported by advanced product design, strong R&D, and a wide service network. This initiative falls under component B of the PM-KUSUM scheme, which promotes the use of solar-powered pumps to reduce dependence on grid electricity and diesel. It also supports the national goal of boosting clean energy use in agriculture while offering farmers more control and savings. India's submersible pump market is growing rapidly, with demand driven by agriculture, rural water needs, and infrastructure development. The shift toward solar technology is especially important in areas with limited access to stable electricity, where solar-powered pumps offer a practical and cost-effective alternative. Speaking on the development, Rajat Chopra, Business Head ' Home Electricals & Pumps, said, 'Partnering with MEDA under the PM-KUSUM scheme is a big step forward in supporting rural and off-grid areas with clean, long-lasting water solutions. Our pumps are built to perform in tough conditions and deliver consistent results for farmers and rural users.' Crompton Greaves Consumer Electricals is one of the leading consumer companies in India with a brand legacy of over 75 years. It is an independent company under professional management, operating in two business segments: lighting and electrical consumer durables. We market our products under the 'Crompton' brand name in India and select export markets. The company's consolidated net profit jumped 27.7% to Rs 109.84 crore on 4.5% increase in revenue from operations to Rs 1,769.21 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Crompton Greaves Consumer Electricals has introduced its latest air cooler range - the Aura, Avancer, and Jedi series. These new models ensure superior cooling, offering quick relief and enhanced comfort during the sweltering months. Speaking about the new launch, Malhar Vadke, Vice President - Large Domestic Appliances, Crompton Greaves Consumer Electricals said., 'At Crompton, we have always believed in delivering meaningful innovations that solve everyday challenges while upholding our promise of quality and reliability. With summers becoming increasingly intense, the need for effective and dependable cooling solutions has never been greater. Our new Aura, Avancer and Jedi series air coolers are designed with this in mind' powerful airflow, enhanced portability, durability and everyday convenience. Built with durable materials and advanced features, this range reflects Crompton's commitment to creating products that deliver genuine value and stand the test of time. Whether it's helping families enjoy peaceful nights or making everyday living more comfortable, even during the peak of summer, these coolers are built to keep homes refreshingly cool throughout the season.'Powered by Capital Market - Live