Crompton Greaves Consumer Electricals Limited has announced the launch of its new “SUREBREEZE – 55L” Tower Air Cooler on February 17, 2026. This product launch is aimed at the domestic market and has been disclosed to the stock exchanges as a measure of good corporate governance practices under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The launch of the SUREBREEZE – 55L Tower Air Cooler represents the company’s continued focus on innovation within the cooling segment. The disclosure, signed by the Company Secretary, emphasizes that although the launch did not trigger the threshold of materiality, the company chose to maintain transparency with its stakeholders. This new addition to the Tower Air Cooler category is specifically designed to cater to Indian households ahead of the summer season.

Crompton Greaves Consumer Electricals is a leading player in the Indian consumer durables market, holding the number one position in fans and residential pumps. In 2025, the company made significant strides in its “Crompton 2.0” strategy, focusing on premiumization and brand investment. Recent updates include the strategic entry into the residential wires and cables market and the successful transition to BEE 2.0 norms for ceiling fans. The company has also secured substantial orders in the solar segment, including nearly ₹500 crore in rooftop solar orders and a doubling of revenue in the solar pumps business during the 2025-26 period.

For the quarter ended December 31, 2025 (Q3 FY26), the company reported a consolidated revenue of ₹1,898.30 Crores, reflecting a 7.30% growth compared to ₹1,769.21 Crores in the corresponding quarter of the previous year. However, net profit for the quarter declined by approximately 10.50% to ₹98.31 Crores from ₹109.84 Crores YoY, primarily due to exceptional items related to new labor code compliance. Notable institutional investors in the company as of late 2025 include HDFC Asset Management Company, Nippon Life India Asset Management, and Mirae Asset. Mutual funds hold a significant stake of approximately 54.58% in the company.

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