Crompton Greaves Consumer Electricals Ltd (NSE: CROMPTON) announced its financial results for the second quarter of FY2025, reporting a sharp decline in profitability even as revenue remained largely stable on a year-on-year basis.
The company’s net profit dropped 43% year-on-year to ₹71.2 crore, compared to ₹125 crore in the same quarter last year. The decline was mainly driven by weaker operating performance and lower margins.
Revenue from operations stood at ₹1,916 crore, a marginal rise of 1% from ₹1,896 crore reported in Q2 FY2024, indicating steady sales across its product segments.
However, operating performance took a hit. EBITDA fell 22% year-on-year to ₹158 crore, down from ₹203 crore in the previous year. Consequently, the EBITDA margin slipped sharply to 8.27% from 10.74% a year ago.
Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions.
