Crompton Greaves Consumer Electricals

Crompton reported Q3 FY26 consolidated revenue of ₹1,898 croreCurrent reported value: ₹1,898 crore. No comparable prior figure is available in the source record., up ~7Current reported value: 7. No comparable prior figure is available in the source record.% YoY, with EBITDA margin expanding to 10.3%Current reported value: 10.3%. No comparable prior figure is available in the source record. (up 185bps QoQ). Growth was driven by ECD (up 8% YoY) and lighting (up 7% YoY), with strong performance in solar pumps (revenue more than doubled YoY) and BLC fans (50%+ sequential growth). Butterfly delivered steady revenue of ₹245 crore (+3% YoY) with EBITDA margin expanding ~100bps YoY to 8.2%Current reported value: 8.2%. No comparable prior figure is available in the source record. and PAT up 44% YoY. Management announced entry into residential wires, targeting a ₹36,000-37,000 crore market, with products launching in select markets within 6-7 weeks. The BEE 2.0 fan transition was executed seamlessly. Guidance includes two more rounds of price hikes in Q4 and Q1 to offset commodity inflation. Risk: sustained commodity cost pressure could delay margin recovery if pricing actions fall short.