Crompton Greaves: Profit Jumps 27%, Despite Mixed Segment Growth

Crompton Greaves: Profit Jumps 27% to Rs 128 Cr Despite Mixed Segment Growth

Crompton Greaves Consumer Electricals posted a Q2 profit of Rs 128.07 crore, up 26.9% year-on-year, with revenue rising 6.4% to Rs 1,896 crore. The electric consumer durables segment grew by 12.5%, while lighting products increased by 6%. However, the subsidiary Butterfly saw an 18% revenue drop. Shares closed at Rs 371.20, down 3.62%, signaling mixed investor sentiment.

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