The contract, valued at ₹100.68 crore excluding GST, is part of Component B of the Ministry of New and Renewable Energy’s (MNRE) PM-KUSUM scheme.
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As outlined in the agreement, Crompton is tasked with the design, manufacture, supply, transportation, installation, testing, and commissioning of the systems at various sites across the state. The project is expected to be completed within 90 days from the issuance of the work order.
Fourth Quarter
Crompton Greaves Consumer Electricals reported a 22.5% year-on-year (YoY) increase in net profit, reaching ₹169.5 crore for the fourth quarter ending March 31, 2025, up from ₹138.4 crore in Q4FY24.
Revenue from operations grew by 5.1% YoY to ₹2,060.6 crore, compared to ₹1,961 crore. EBITDA saw a significant rise of 29.9%, climbing to ₹264.4 crore from ₹203.6 crore the previous year. This resulted in an improvement in the EBITDA margin to 12.8%, up from 10.4%.
Crompton Greaves experienced an 11% YoY revenue growth in its electrical consumer durables (ECD) segment for the entire fiscal year FY25, driven by strong performance in pumps and appliances. The company generated operational cash flow of ₹737 crore during the fiscal year.
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In Q4FY25, the ECD segment recorded a 6% YoY growth, primarily due to pumps and appliances, achieving an EBIT margin of 16.7%. The company introduced its in-house BLDC and induction platforms, Nucleus and X-Tech, embracing a ‘platform-first approach.’
Shares of Crompton Greaves Consumer Electricals Ltd closed at ₹343.60, down by ₹8.85, or 2.51%, on the BSE.
