Crompton Greaves Q1 FY27: Profit up 15%, income ₹2,257cr

Key takeaway from the June-quarter print

Crompton Greaves Consumer Electricals Ltd (CGCEL) reported a stronger year-on-year performance in the June quarter (Q1 FY27), supported by pricing actions and cost initiatives. Consolidated net profit rose 15.17% year-on-year to ₹142.70 crore. Total income increased 11.61% year-on-year to ₹2,256.81 crore.

The quarter also marked a sharp sequential recovery from Q4 FY26, when the company reported a net loss that it said was impacted by exceptional items. On the market side, the stock was quoted around ₹215.55 on NSE and ₹215.85 on BSE on 15 Oct 2026, as shown on the company’s quarterly results page.

Q1 FY27 headline numbers

For Q1 FY27, CGCEL’s consolidated total income stood at ₹2,256.81 crore. Revenue from operations was reported at ₹2,235.02 crore. The company’s results summary also shows profitability improving sharply versus the immediately preceding quarter.

Net profit for the quarter came in at ₹142.70 crore. Basic and diluted EPS for Q1 FY27 was ₹2.18, compared with ₹1.90 in Q1 FY26 and ₹(8.29) in Q4 FY26.

Revenue: YoY growth, QoQ softness

Revenue from operations for Q1 FY27 was ₹2,235.02 crore. This was up 11.84% year-on-year from ₹1,998.38 crore in the corresponding quarter last year, as per the earnings update shared in the provided text.

On a quarter-on-quarter basis, revenue from operations declined 2.11% from ₹2,283.27 crore in Q4 FY26. Total income also saw a mild sequential decline of 1.84% from ₹2,299.07 crore in Q4 FY26 to ₹2,256.81 crore in Q1 FY27.

Operating performance: profits rebound from Q4 loss

The quarterly summary indicates Operating Profit of ₹224.45 crore in Q1 FY27. This represented a quarter-on-quarter increase of 150.40% from ₹-445.32 crore in Q4 FY26 and a year-on-year growth of 17.06%.

PBDT for Q1 FY27 was reported at ₹236.54 crore, rising 153.89% quarter-on-quarter from ₹-438.92 crore, and growing 15.05% year-on-year. Profit Before Tax (PBT) stood at ₹191.31 crore, up 139.56% quarter-on-quarter from ₹-483.60 crore and up 15.18% year-on-year.

Net profit: what changed versus last quarter

Net profit for Q1 FY27 was ₹142.70 crore, versus a reported net loss of ₹531.07 crore in Q4 FY26. The text attributes the Q4 FY26 loss to exceptional items, which makes the sequential comparison less representative of underlying operations.

Against Q1 FY26 net profit of ₹123.90 crore, the June-quarter profit translates into 15.17% year-on-year growth. This aligns with the “PAT” growth figure shown on the quarterly results page.

Margin commentary: EBITDA at 10%

CGCEL stated that its EBITDA margin expanded by 20 bps to 10% in the June quarter. The company said inflation impacted margins, but this was offset by disciplined pricing actions, operating leverage, and cost initiatives.

This commentary is important because it ties the profit growth not only to revenue expansion, but also to operating execution. The same statement also links performance to price hikes across categories and cost efficiencies.

FY26 context: full-year income and net loss

For the full financial year ended 31 March 2026 (FY26), the company recorded consolidated Total Income of ₹8,161.15 crore and a Net Loss of ₹230.76 crore, as stated in the results highlights.

The FY26 line items underline why Q1 FY27’s return to profit, and the sharp swing from Q4 FY26, drew attention. But the text also flags that Q4 FY26 was influenced by exceptional items, so investors typically separate those effects from the run-rate trajectory.

Board meeting and earnings calendar

The provided update notes that CGCEL will hold a board meeting on Friday, 16 Oct 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended 30 Sep 2026. It also states that the company will submit the results to BSE and NSE thereafter.

Separately, the quarterly results page indicates an “Upcoming Earnings date” of 16 Oct 2026. The same compilation also references earlier scheduling, including a board meeting on 13 May 2026 to consider audited results for the quarter and year ended 31 March 2026, and a potential dividend recommendation.

Snapshot table: Q1 FY27 versus Q4 FY26 and Q1 FY26

Recent quarters: sales, income and profit trend

The quarterly table in the provided text shows the following recent data points.

Why the update matters for investors

From a market-reading perspective, the Q1 FY27 report combines two signals. First, it shows double-digit year-on-year growth in both total income (11.61%) and net profit (15.17%). Second, it shows a sequential dip in income and revenue from operations, after Q4 FY26’s higher topline.

The sharper investor focus, however, is likely to remain on the quality of earnings, given the Q4 FY26 loss was described as being impacted by exceptional items. The scheduled board meeting and results consideration on 16 Oct 2026 also sets a clear near-term milestone for updated numbers for the quarter and half-year ended 30 Sep 2026.

Conclusion

CGCEL’s Q1 FY27 results show higher year-on-year income and profit, with management pointing to pricing actions and cost initiatives alongside a 10% EBITDA margin. The next key event on the calendar is the board meeting on 16 Oct 2026 to consider unaudited results for the period ended 30 Sep 2026.