Crompton Greaves Consumer Electricals shines on reporting 2- fold jump in Q4 consolidated net profit
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Crompton Greaves Consumer Electricals is currently trading at Rs. 399.85, up by 11.05 points or 2.84% from its previous closing of Rs. 388.80 on the BSE.
The scrip opened at Rs. 394.00 and has touched a high and low of Rs. 415.75 and Rs. 394.00 respectively. So far 169259 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 455.60 on 22-Jan-2021 and a 52 week low of Rs. 209.20 on 22-May-2020.
Last one week high and low of the scrip stood at Rs. 415.75 and Rs. 362.50 respectively. The current market cap of the company is Rs. 24965.66 crore.
The promoters holding in the company stood at 11.36%, while Institutions and Non-Institutions held 77.87% and 10.77% respectively.
Crompton Greaves Consumer Electricals has reported results for fourth quarter and year ended March 31, 2021.
The company has reported 2- fold jump in its net profit at Rs 246.52 crore for the quarter under review as compared to Rs 99.81 crore for the same quarter in the previous year. Total income of the company increased by 49.09% at Rs 1,535.60 crore for Q4FY21 as compared Rs 1,029.97 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 2- fold jump in its net profit at Rs 249.08 crore for the quarter under review as compared to Rs 102.10 crore for the same quarter in the previous year. Total income of the company increased by 48.57% at Rs 1,542.65 crore for Q4FY21 as compared Rs 1,038.30 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported 22.24% rise in its net profit at Rs 604.74 crore as compared to Rs 494.70 crore for the previous year. Total income of the company marginally increased by 5.57% at Rs 4,825.58 crore for year under review as compared to Rs 4,570.84 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported 24.23% rise in its net profit at Rs 616.65 crore as compared to Rs 496.39 crore for the previous year. Total income of the company increased by 6.55% at Rs 4,879.26 crore for year under review as compared to Rs 4,579.31 crore for year ended March 31, 2020.
