Crompton Greaves Q3FY26 Earnings Results Out: Net Profit Falls 10% YoY

Crompton Greaves Consumer Electricals Ltd reported a mixed set of results for the December quarter (Q3FY26) on February 6, 2026. While net profit declined year-on-year, the company delivered a better-than-expected operational performance, with revenue, EBITDA, and margins beating market estimates.

The results indicate steady demand in core categories, even as profitability remained under pressure due to higher costs and exceptional items.

Net Profit Declines, But Beats Street Estimates

Crompton reported a net profit of ₹101 crore, which was slightly above the CNBC-TV18 estimate of ₹98 crore. However, it was lower than ₹112 crore in the same quarter last year, marking a 9.8% year-on-year decline.

Despite the drop, the company’s profit performance was still seen as better than expected due to stronger operating numbers.

Revenue Growth Remains Healthy

The company posted revenue of ₹1,898 crore, up 7.3% from ₹1,769 crore a year ago. This also came above the estimated ₹1,864 crore, showing that Crompton continues to see stable sales momentum across its key consumer electrical categories.

EBITDA Beats Estimates By A Wide Margin

Crompton’s EBITDA stood at ₹194.6 crore, significantly higher than the estimate of ₹166 crore. It was also slightly above last year’s ₹191 crore, showing a 1.9% year-on-year rise.

This suggests that the company managed costs and product mix better than expected during the quarter.

Margins Improve Versus Estimates, Dip Year-On-Year

EBITDA margin came in at 10.3%, comfortably higher than the expected 8.9%. However, it was lower than 10.8% in Q3FY25, indicating some pressure on margins compared to last year.

Exceptional Liability Related To New Labour Codes

During the quarter, Crompton recognised an incremental exceptional liability of around ₹20.04 crore after reassessing employee benefit obligations under the New Labour Codes. The company noted that any further impact would be accounted for once the rules are formally notified.

New Product Launch: Wires And Cables From March 2026

Separately, Crompton announced its entry into the domestic insulated wires and cables segment. The product launch is scheduled for the end of March 2026, marking a strategic expansion beyond its existing portfolio.

Crompton Greaves Share Price 

Ahead of the earnings announcement, Crompton Greaves share price closed 1.11% lower at ₹243.90 on the NSE.

Read more: BEML Share Price Fall 10% After Q3 FY26 Earnings Loss; Interim Dividend of ₹2.50 Announced.

Conclusion

Crompton’s Q3FY26 results showed a clear operational beat, with strong EBITDA and better-than-expected margins. While profit declined year-on-year, the company’s revenue growth and expansion into wires and cables indicate steady business momentum and long-term ambition.

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