Crompton Greaves Consumer Electricals (CROMPTON) Q3 25/26 earnings summary

Executive summary

• Achieved 7.3% YoY consolidated revenue growth in Q3 FY26, led by ECD and lighting segments, with new launches in residential wires and solar rooftop businesses expanding the addressable market.

• EBITDA margin at 10.3%, supported by cost controls and disciplined capital allocation, despite higher commodity costs.

• PBT before exceptional items was INR 156 crore, with an 8.2% margin.

• First quarter of solar rooftop revenue recognized, with a strong order pipeline.

• Board approved unaudited financial results and appointed Mr. P R Ramesh as Non-Executive, Independent Director for a second term.

Financial highlights

• Q3 FY26 consolidated revenue: INR 1,898 crore, up 7.3% YoY; 9M FY26 revenue: INR 5,812 crore (flat YoY).

• Q3 FY26 consolidated EBITDA: INR 227.36 crore; margin at 10.3%.

• Q3 FY26 consolidated net profit: INR 101 crore, margin 5.3%.

• Butterfly segment revenue at INR 245 crore, with margin expansion and strong performance in cookers and gas stoves.

• Basic EPS for Q3 FY26: 1.53.

Outlook and guidance

• Premiumization, innovation, and disciplined capital allocation to drive future growth, with focus on BLDC fans, smart appliances, and solar rooftop expansion.

• Continued pricing actions and anticipated further price hikes in Q4 and Q1 to offset commodity cost inflation.

• Wires business to scale from select markets to pan-India over time.

• No explicit forward-looking guidance, but focus remains on operational efficiency and restructuring.