Crompton Q3 Profit Dips 10% But Beats Estimates, New Product Launch Announced

• Crompton Greaves Consumer Electricals reported a 9.8% year-on-year profit decline to ₹101 crore in Q3, better than the ₹98 crore estimate.
• Revenue increased by 7.3% to ₹1,898 crore, surpassing the ₹1,864 crore estimate.
• EBITDA rose marginally by 1.9% to ₹194.6 crore, significantly exceeding the ₹166 crore estimate.
• Margin stood at 10.3%, lower than last year but better than the 8.9% estimated.
• Company announced the launch of new 'Insulated Cables' products for the domestic market by March 2026.