Crompton Greaves: Rs 531 Cr Net Loss in Q4

New Delhi, May 13 (PTI) Crompton Greaves Consumer Electricals Ltd on Wednesday reported a consolidated net loss of Rs 531.07 crore in the March quarter, hit by impairment of investment in subsidiary Butterfly.

The company had posted a consolidated net profit of Rs 171.74 crore in the corresponding quarter previous fiscal year, Crompton Greaves Consumer Electricals Ltd said in a regulatory filing.

In the quarter ended March 31, 2026, the holding company has recognised an impairment of Rs 716.04 crore on its investment in material subsidiary Butterfly Gandhimathi Appliances Ltd (Butterfly) and the associated trademarks acquired on March 30, 2022, leading to a diminution in the carrying value of goodwill and other associated intangible assets, the filing said.

Consolidated revenue from operations during the quarter under review stood at Rs 2,283.27 crore as against Rs 2,060.82 crore in the year-ago period, it added.


Total expenses were higher at Rs 2,066.63 crore as compared to Rs 1,845.77 crore a year earlier, the company said.

For FY26, consolidated net loss was at Rs 230.76 crore. The company had posted a consolidated net profit of Rs 564.08 crore in FY25, the filing said.

Consolidated revenue from operations in FY26 stood at Rs 8,095.52 crore as against Rs 7,864.08 crore in FY25, the company said.

The board of directors has recommended a dividend of Rs 3 per equity share of face value Rs 2 for FY26, it added.