Crompton Greaves Consumer Electricals Ltd Share Price – NSE /  BSE

Consumer Durables, Small Cap

In a regulatory filing, the company stated that the order falls under Component-B of the PM-KUSUM scheme, a government initiative aimed at promoting solar energy in the agricultural sector. The scope of the turnkey project includes the design, manufacture, supply, transportation, installation, testing, and commissioning of the solar water pumps across Maharashtra. The entire project is scheduled for completion within 90 days from the issuance of the work order.

The contract also includes a comprehensive five-year maintenance contract (CMC), ensuring long-term reliability and post-installation support. Crompton?s solar-powered DC submersible pumps are engineered for high performance and durability, catering specifically to off-grid and rural areas that face challenges in water accessibility.

To ensure efficient execution, the company plans to deploy its trained field personnel, local district support teams, and extensive after-sales service network across the state.

The company said that this initiative aligns directly with national objectives to facilitate farmers? transition from conventional energy sources to renewable solar energy, delivering both economic savings and environmental benefits. The order comes amid rapid growth in India?s submersible water pump market, driven by increasing demand in agriculture, rural water supply, and off-grid applications. Solar-powered submersible pumps are becoming vital in regions with irregular rainfall and limited grid power, enabling consistent and sustainable irrigation.

Rajat Chopra, Business Head ? Home Electricals & Pumps at Crompton Greaves Consumer Electricals, commented, ?We are delighted to have received the Letter of Award from MEDA for 4,500 Solar Photovoltaic Water Pumping Systems under the PM-KUSUM scheme. This milestone not only marks our largest solar pump order to date but also reflects our ongoing commitment to delivering reliable and high-performance pumping solutions tailored to the needs of farmers across India. The order reinforces confidence in Crompton?s product excellence, long-lasting performance, and robust service network. It further strengthens our position as a trusted partner in driving solar-powered irrigation forward. At Crompton, we remain focused on enabling clean energy access for farmers while ensuring seamless execution backed by quality, innovation, and strong after-sales support.?

Crompton Greaves Consumer Electricals is one of the leading consumer companies in India with a brand legacy of over 75 years. It is an independent company under professional management, operating in two business segments: lighting and electrical consumer durables. We market our products under the ?Crompton? brand name in India and select export markets.

The company?s consolidated net profit jumped 22.5% to Rs 169.48 crore on 5.1% increase in revenue from operations to Rs 2,060.64 crore in Q4 FY25 over Q4 FY24.

The counter shed 0.23% to Rs 342.80 on the BSE.

Powered by Capital Market - Live News

 Crompton Greaves Consumer Electricals has achieved a landmark milestone in its green energy journey by securing its largest-ever order in the solar water pump segment. The company has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) valued at over Rs 101 crore (exclusive of GST) for the design, manufacture, supply, transportation, installation, testing, and commissioning of 4,500 Off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) across Maharashtra under Component-B of the PM-KUSUM scheme.

Powered by Capital Market - Live News

Crompton Greaves Consumer Electricals announced that dividend of Rs 3 per share will be paid on or after 08 August 2025.

Powered by Capital Market - Live News

Net profit of Crompton Greaves Consumer Electricals rose 22.49% to Rs 169.48 crore in the quarter ended March 2025 as against Rs 138.36 crore during the previous quarter ended March 2024. Sales rose 5.08% to Rs 2060.64 crore in the quarter ended March 2025 as against Rs 1961.00 crore during the previous quarter ended March 2024.

For the full year,net profit rose 26.38% to Rs 555.95 crore in the year ended March 2025 as against Rs 439.92 crore during the previous year ended March 2024. Sales rose 7.53% to Rs 7863.55 crore in the year ended March 2025 as against Rs 7312.81 crore during the previous year ended March 2024.

Powered by Capital Market - Live News