Crompton Greaves Consumer Electricals Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Crompton Greaves Consumer Electricals Ltd reported a 6.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.2%.
- Its expenses for the quarter were down by 6.5% QoQ and up 2.0% YoY.
- The net profit decreased 12.6% QoQ and increased 31.0% YoY.
- The earnings per share (EPS) of Crompton Greaves Consumer Electricals Ltd stood at 1.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1780.81 | 1913.53 | 1709.36 | -6.9% | 4.2% |
Total Expenses | 1629.62 | 1742.79 | 1596.90 | -6.5% | 2.0% |
Profit Before Tax | 151.19 | 170.74 | 112.46 | -11.5% | 34.4% |
Tax | 39.27 | 42.67 | 27.01 | -8.0% | 45.4% |
Profit After Tax | 111.92 | 128.07 | 85.45 | -12.6% | 31.0% |
Earnings Per Share | 1.70 | 1.90 | 1.30 | -10.5% | 30.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Crompton Greaves Consumer Electricals Ltd is a prominent player in the consumer electricals industry, primarily engaged in the manufacturing and marketing of a diverse range of products. The company's product portfolio includes fans, lighting, pumps, and household appliances. Known for its innovation and quality, Crompton Greaves has established a strong brand presence in the Indian market. While specific recent developments about the company are not provided within the data, it has been historically focused on expanding its market share through product innovation and increasing its reach across domestic and international markets.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Crompton Greaves Consumer Electricals Ltd reported a total income of ₹1780.81 crores. This represents a decrease of 6.9% compared to the previous quarter (Q2FY25), where the total income was ₹1913.53 crores. However, on a year-over-year basis, there was an increase of 4.2% from ₹1709.36 crores in the third quarter of the fiscal year 2024 (Q3FY24). This indicates that while there was a sequential decline in revenue, the company managed to achieve a growth rate over the year, reflecting its ability to maintain a steady income trajectory.
Profitability
Crompton Greaves Consumer Electricals Ltd experienced a decline in profitability on a quarterly basis with the Profit Before Tax (PBT) amounting to ₹151.19 crores in Q3FY25, down 11.5% from ₹170.74 crores in Q2FY25. Profit After Tax (PAT) also decreased by 12.6% to ₹111.92 crores from ₹128.07 crores in the previous quarter. However, the yearly comparison shows a robust increase in profitability, with PBT rising by 34.4% from ₹112.46 crores in Q3FY24, and PAT increasing by 31.0% from ₹85.45 crores in the same period last year. Despite the quarterly decline, the year-over-year growth indicates improved profitability over the year.
Operating Metrics
Analyzing the operating metrics, the company's total expenses for Q3FY25 stood at ₹1629.62 crores, which is a 6.5% decline from ₹1742.79 crores reported in Q2FY25. Year-over-year, total expenses increased by 2.0% from ₹1596.90 crores in Q3FY24. The Earnings Per Share (EPS) in Q3FY25 was ₹1.70, reflecting a decrease of 10.5% from ₹1.90 in the previous quarter, but an increase of 30.8% from ₹1.30 in the same quarter last year. The changes in total expenses and EPS suggest fluctuations in the company's operational efficiency and shareholder returns on a quarterly and yearly basis.
