Crompton Greaves Secures ₹101 Crore Contract for Solar Water Pumping Systems in Maharashtra 2 days ago
Crompton Greaves has been awarded a Letter of Award from the Maharashtra Energy Development Agency for a ₹100.68 crore project. The contract involves designing, manufacturing, and installing 4,500 off-grid solar photovoltaic water pumping systems across Maharashtra as part of the PM-KUSUM scheme. The project is to be completed within 90 days, showcasing Crompton Greaves' expansion into renewable energy and its technical expertise in solar-powered solutions.
Crompton Greaves Secures ₹100.68 Crore Contract for Solar Water Pumping Systems in Maharashtra 2 days ago
Crompton Greaves Consumer Electricals Impresses Analysts with Strong Q4 Performance May 16, 2025
Crompton Greaves Consumer Invests in Supply Chain Quality Enhancement May 16, 2025
Crompton Greaves Consumer Sets Ambitious Growth Targets for Butterfly Segment May 16, 2025
Crompton Greaves Consumer Electricals has reported impressive Q4 financial results with significant year-over-year improvements. Revenue increased by 5.1% to ₹2,060.60 crore, net profit rose by 22.5% to ₹169.50 crore, and EBITDA margin expanded to 12.8%. The ECD segment grew by 6% YoY, while the Lighting segment saw significant EBIT margin improvement. The company has recommended a dividend of ₹3.00 per equity share.
21Apr 25
Crompton Greaves Secures ₹106.00 Crore Solar Water Pump Order from MEDA
Crompton Greaves Consumer Electricals Ltd has received an order for 433 solar water pumps from the Maharashtra Energy Development Agency (MEDA), valued at ₹106.00 crore. This order highlights Crompton's expansion into renewable energy solutions and rural infrastructure development. It demonstrates the company's ability to secure government projects and diversify its product portfolio beyond traditional consumer electrical goods.
18Apr 25
Crompton Greaves Secures ₹10.60 Crore Solar Water Pump Order from MEDA
Crompton Greaves Consumer Electricals Ltd has received an order for 433 solar water pumps worth ₹10.60 crore from the Maharashtra Energy Development Agency. The order, part of the PM-KUSUM scheme, involves designing, manufacturing, and installing Solar Photovoltaic Water Pumping Systems across Maharashtra. Crompton's pumps feature rust-free stainless steel construction for durability and reliability. The company is expanding its operations across multiple states in India, reinforcing its position in the renewable energy sector.
28Mar 25
Crompton Greaves Expands Product Portfolio with New Air Coolers and LED Batten
Crompton Greaves Consumer Electricals Ltd. (CGCEL) has launched a new range of air coolers under three brands: Aura, Avancer, and Jedi, designed for various room sizes and featuring advanced cooling technologies. The company also introduced SAGITTA, a CRCA LED Batten, on March 28, 2025. The air coolers will be available through authorized retail outlets and e-commerce platforms nationwide.
06Mar 25
Crompton Greaves Consumer Electricals Sees Significant Block Trade on NSE
A significant block trade of 640,468 shares of Crompton Greaves Consumer Electricals Ltd. occurred on the National Stock Exchange, valued at Rs. 21.82 crores with a per-share price of Rs. 340.70. This transaction, likely involving institutional investors, highlights the liquidity of the company's shares and potential shifts in large stakeholder positions. Crompton Greaves, known for its range of electrical consumer durables, continues to be a focus for investors in the dynamic consumer electricals market.
Crompton Greaves Consumer Electricals Ltd. has introduced 'Techwithheart', a new initiative focusing on smart and energy-efficient technologies. The company has developed innovative platforms like NUCLEUS (BLDC technology) and XTECH for fans, expanded its range of energy-efficient and solar pumps, and received recognition for its sustainability efforts. Crompton maintains market leadership in fans and residential pumps, selling over 2 crore fans in FY24.
20Feb 25
Crompton Greaves Unveils 'TechWithHeart': A Leap Towards Smart, Energy-Efficient Living
Crompton Greaves Consumer Electricals Ltd. has introduced its 'TechWithHeart' initiative, focusing on innovative, energy-efficient consumer solutions. The company unveiled advanced fan technologies including the NUCLEUS BLDC platform and XTECH induction platform. Crompton also expanded its energy-efficient pump portfolio with 190+ BEE star-rated pumps and solar pumps. The initiative emphasizes indigenous development and sustainability, with Crompton receiving three National Energy Consumer Awards for its energy-efficient products.