Crompton Greaves Consumer Electricals Ltd posts consolidated Q4FY21 PAT of Rs. 249.08 crore

Crompton Greaves Consumer Electricals Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.1542.65 crores during the period ended March 31, 2021 as compared to Rs.1368.06 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.249.08 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.150.55 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.3.94 for the period ended March 31, 2021 as compared to Rs.2.39 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 1542.65 crs	₹ 1368.06 crs	12.76%
Net Profit	₹ 249.08 crs	₹ 150.55 crs	65.45%
EPS	₹ 3.94	₹ 2.39	64.85%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.1542.65 crores during the period ended March 31, 2021 as compared to Rs.1038.30 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.249.08 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.99.50 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.3.94 for the period ended March 31, 2021 as compared to Rs.1.62 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 1542.65 crs	₹ 1038.30 crs	48.57%
Net Profit	₹ 249.08 crs	₹ 99.50 crs	150.33%
EPS	₹ 3.94	₹ 1.62	143.21%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.4879.26 crores during the 12 months period ended March 31, 2021 as compared to Rs.4579.31 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.618.84 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.494.24 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.9.75 for the 12 months period ended March 31, 2021 as compared to Rs.7.85 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 4879.26 crs	₹ 4579.31 crs	6.55%
Net Profit	₹ 618.84 crs	₹ 494.24 crs	25.21%
EPS	₹ 9.75	₹7.85	24.2%

Commenting on the Quarter results, Company's Managing Director, Shantanu Khosla said "ECD segment continued its strong performance, registering robust growth across categories and geographies. B2C LED lighting business continued its improving growth trend. Lighting B2B activity continued to be challenged due to slow order pick up from institutional and government entities. Alternate channels viz. E-com, MOR and Rural increased their contribution to the overall business. Despite soaring commodity costs, we have maintained our profitability".

Shares of Crompton Greaves Consumer Electricals Ltd was last trading in BSE at Rs.388.8 as compared to the previous close of Rs. 383.5. The total number of shares traded during the day was 74400 in over 2289 trades.

The stock hit an intraday high of Rs. 397.8 and intraday low of 384.45. The net turnover during the day was Rs. 29175706.

Source : Equity Bulls

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