Crompton Greaves Consumer Electricals Limited Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 23, 2018 at 06:07 pm IST
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Crompton Greaves Consumer Electricals Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported revenue from operations of INR 9,381.9 million as compared to INR 9,046.0 million for the same period last year. Total Income was INR 9,448.1 million as compared to INR 9,096.4 million for the same period last year. Profit before exceptional items and tax was INR 1,040.4 million as compared to INR 833.9 million for the same period last year. Profit before tax was INR 1,040.4 million as compared to INR 833.9 million for the same period last year. Net profit after tax was INR 695.0 million or INR 1.11 basic and diluted per share as compared to INR 543.5 million or INR 0.87 basic and diluted per share for the same period last year.
For the nine months, the company reported revenue from operations of INR 29,788.1 million as compared to INR 29,351.4 million for the same period last year. Total Income was INR 29,986.5 million as compared to INR 29,477.6 million for the same period last year. Profit before exceptional items and tax was INR 3,292.1 million as compared to INR 3,094.2 million for the same period last year. Profit before tax was INR 3,292.1 million as compared to INR 3,094.2 million for the same period last year. Net profit after tax was INR 2,205.7 million or INR 3.52 basic and diluted per share as compared to INR 2,052.3 million or INR 3.27 basic and diluted per share for the same period last year.
Crompton Greaves Consumer Electricals Limited is an India-based consumer electrical company. The Company operates through two segments: Electric Consumer Durables (ECD) and Lighting. It manufactures and distributes a range of consumer products ranging from fans, pumps, and appliances in the ECD segment and a full range of lighting products. Its product portfolio includes ceiling fans, table fans, pedestal fans, wall-mounted fans, heavy-duty exhaust fans, air circulators, industrial fans, residential pumps, agricultural pumps, solar pumps, specialty pumps, water heaters, air coolers, mixer grinders, irons, light-emitting diode (LED) lamps, LED battens, LED panels, LED streetlights and floodlights, incandescent lamps, compact fluorescent lamps, interior and indoor lighting, and fluorescent tubular lights. The Company markets its products under the Crompton brand name in India. The Company' manufacturing locations include Goa, Vadodara, Ahmednagar and Baddi.
CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED 
