Crompton Greaves Consumer Electricals Ltd’s consolidated net profit declins 27% to Rs 102.10 cr for Q4FY20

New Delhi: Crompton Greaves Consumer Electricals Ltd’s consolidated net profit declined about 27 percent to Rs 102.10 crore for the fourth quarter of the 2019-20 fiscal against a net profit of Rs 140.54 crore in the same quarter of the previous fiscal. The consolidated revenue from operations dropped about 15 percent to Rs 1,026.34 crore in the fourth quarter of 2019-20 fiscal as compared to Rs 1206.88 crore in the corresponding quarter of the previous fiscal.

The consolidated net profit of the company for the entire fiscal 2019-20 jumped about 19 percent to Rs 496.39 crore as compared to Rs 401.39 crore in the previous fiscal. The consolidated revenue from operations for the entire 2019-20 fiscal increased marginally to Rs 4,520.26 crore as against Rs 4,478.91 crore in the previous financial year, the company said in a regulatory filing.  

 

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