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Results: Crompton Greaves Consumer Electricals Q4 profit rises over 2-folds to Rs 249 crore
Crompton Greaves Consumer Electrical
Crompton Greaves Consumer Electricals Ltd on Friday reported an over two-fold increase in its consolidated net profit at Rs 249.08 crore in the fourth quarter ended March 2021.
The company had posted a net profit of Rs 102.10 crore in the January-March quarter a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing.
Its revenue from operations was up 48.3 per cent at Rs 1,522.05 crore during the quarter under review as against Rs 1,026.34 crore in the corresponding period of the last fiscal.
Commenting on the results, CGCEL Managing Director Shantanu Khosla said: ECD (electric consumer durables) segment continued its strong performance, registering robust growth across categories and geographies. B2C LED lighting business continued its improving growth trend. While alternate channels such as e-commerce and rural market inc