Latest news with #CromptonGreavesConsumerElectricals
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Business Standard
15 hours ago
- Business
- Business Standard
Goldman Sachs trims Q1 estimates on EMS, durables; turns positive on C&W
Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger fundamentals and growth visibility. Tanmay Tiwary New Delhi Listen to This Article Goldman Sachs on India Industrials: Goldman Sachs has cut earnings estimates for Electronics Manufacturing Services (EMS) and consumer durables companies for June quarter of financial year 2026 (Q1FY26) amid weak summer product sales and margin headwinds, while raising projections for cable and wire (C&W) players on better volume growth. That said, the New York-based brokerage expects a mixed June quarter earnings season for India's industrial space, with divergent trends across electricals, durables, EMS, and cables and wires. Reflecting upon these divergent trends, Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger
Business Standard
13-06-2025
- Business
- Business Standard
Crompton Greaves bags Rs 101-cr Order from MEDA
Crompton Greaves Consumer Electricals has secured a Letter of Award (LoA) worth Rs 100.68 crore from the Maharashtra Energy Development Agency (MEDA) for supplying and installing 4,500 Off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). 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. Cromptons 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 Indias 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 Cromptons 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 companys 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. The counter shed 0.23% to Rs 342.80 on the BSE.
Business Standard
13-06-2025
- Business
- Business Standard
Crompton wins solar water pump project worth Rs 101 cr
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.
Business Standard
15-05-2025
- Business
- Business Standard
Crompton Greaves Consumer Electricals consolidated net profit rises 22.49% in the March 2025 quarter
Sales rise 5.08% to Rs 2060.64 crore 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. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 2060.641961.00 5 7863.557312.81 8 OPM % 12.8310.38 - 11.309.76 - PBDT 270.38204.08 32 909.04701.89 30 PBT 230.80169.04 37 756.21573.07 32 NP 169.48138.36 22 555.95439.92 26
Time of India
13-05-2025
- Entertainment
- Time of India
Crompton's new TVC reimagines life through the lens of artistry
HighlightsCrompton Greaves Consumer Electricals has launched its innovative fan design campaign titled 'Sculpted, Not Made', introducing the new Crompton Fluido Fans that combine artistic design with functionality. The campaign, conceptualized by BBDO India, features a television commercial that showcases the craftsmanship involved in creating the Fluido fans, portraying them as modern, functional art pieces. Tanmay Prusty, Chief Marketing Officer of Crompton Greaves Consumer Electricals, emphasizes that the Fluido fans are designed to connect with contemporary lifestyles, raising the bar for both performance and design in the ceiling fan category. Crompton Greaves Consumer Electricals has pioneered a new chapter in fan design with the launch of its latest campaign, 'Sculpted, Not Made.' Introducing a new design innovation called the Crompton Fluido Fans , this is a new range of fluidic, sculpted fans that marks the beginning of a new design language in the category—one that seamlessly blends innovation and artistry. It is this design disconnect that Crompton addresses with its latest product innovation and new campaign 'Sculpted, Not Made'. The new campaign brings Crompton's vision to life through the lens of artistry. Just as a sculptor shapes raw material with precision and purpose, the Fluido range transforms the ordinary into a bold design statement. The new TVC, Sculpted Not Made , captures this story, showcasing the seamless, flowing forms of Fluido fans that convey a sense of movement even in stillness. More than just a campaign, it highlights Crompton's leadership in reimagining ceiling fans as modern, functional art. The newly released film, conceptualised by BBDO, captures the essence of craftsmanship and artistry, set in a sculptor's studio, where seamless and fluid sculptures take shape. The sculptor meticulously works on curves, refining every detail to perfection. Meanwhile, at an art auction, bidders compete for an exclusive masterpiece. As the sculptor completes his work, the most sought-after piece is revealed—Crompton SielntPro Fluido Wave, displayed with elegance both in the studio and at the auction house, with 'Crompton' etched onto its platform. The film showcases the curves and seamless design of Crompton's range of fans, highlighting their fluidity, elegance, and unmatched beauty. In the final shot, the Fluido finds its place in the home of the highest bidder, becoming the centerpiece of her living room. Tanmay Prusty, chief marketing officer, Crompton Greaves Consumer Electricals said, 'Our new campaign, 'Sculpted, Not Made', captures this vision beautifully, portraying Fluido not as an appliance, but as a piece of art designed to belong. As the category leader, we're proud to once again raise the bar—not just for performance, but for design that truly connects with today's lifestyle' Shruthi Subramaniam, senior creative director, BBDO India said, 'When we first saw Crompton's stunning new Fluido range of fans, we knew it was a disruptor. Not just a category disruptor, but a design disruptor. The fans are simply stunning. I love how ceilings can now become the backdrop for impeccable taste.' This 360-degree campaign will be launched on television and will further be amplified through various other mediums. Watch the video here:
