Crompton Greaves

Crompton Greaves has secured a Rs 445 crore tender for solar rooftop projects, marking a significant milestone in its renewable energy portfolio. The contract, awarded by a government-backed initiative, underscores the company’s growing presence in sustainable energy solutions and its capability to deliver large-scale solar infrastructure. Analysts note that this project will enhance Crompton’s revenue visibility, strengthen its market positioning in the solar segment, and contribute to India’s renewable energy targets.

Crompton Greaves Consumer Electricals Ltd. reported a 19% year-on-year decline in its consolidated net profit for the first quarter of FY26, settling at Rs. 124 crore. The company attributed the subdued earnings performance to a moderation in demand across key consumer segments and intensified competition in the electrical appliances market. While revenue remained steady at Rs. 1,933 crore, operational costs and margin pressures weighed on bottom-line growth.