Crompton Greaves Consumer share price: EMKAY says BUY - Here is why
Crompton Greaves Consumer share price: Emkay said that Crompton delivered strong performance in Q4, with EBITDA beating Emkay’s expectations by 6%. ECD segment revenues saw a healthy 2-year CAGR of 17%, driven by growth across product categories and channels, market share gains in fans and rural expansion. After many challenging quarters, the lighting segment registered 15% yoy growth in revenue, supported by 23% volume growth in the B2C business
Crompton Greaves Consumer Consolidated revenues rose 48% yoy and came in 2% ahead of expectations. The growth and beat was driven by both the segments: Reuters