Crompton Greaves Consumer Electricals (CROMPTON) released its first‑quarter 2027 earnings and the figures aligned closely with analysts’ expectations. The company’s management confirmed that the revenue and profit numbers are in line with the forecast.
Revenue for the quarter rose 12% year‑on‑year to ₹22.4 billion. Growth was driven by key segments that saw increases ranging from 11% to 18%. These segments include consumer appliances and electrical components.
EBITDA increased 17% YoY, reaching ₹2.2 billion. The operating margin improved by 45 basis points to about 10%, indicating better cost control and higher sales efficiency.
Profit after tax grew 15% year‑on‑year to ₹1.4 billion. This rise reflects both higher sales volumes and improved margin management across the business.
Motilal Oswal keeps a BUY rating for the stock and sets a target price of ₹340. The valuation is based on a 30‑times earnings multiple of FY28 earnings per share.
Overall, the company’s solid performance and forward‑looking guidance support a positive outlook for investors looking for stable growth in the consumer electricals sector.