Dolat Capital: Crompton Greaves Q2 Results Are A Strong Beat   

Dolat Capital: Crompton Greaves Q2 Results Are A Strong Beat

Crompton Greaves’ products on display. (Photo: BloombergQuint)

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Dolat Capital Report

A strong recovery in growth, end of price erosion in LEDs and cost savings saw a beat from Crompton Greaves Consumer Electricals Ltd.

The gradual month-on-month recovery seen in the July-September quarter is continuing in October, indicating sustained demand for its products.

The company’s operations have normalised and it expects to sustain double digit growth and current margins in the medium term.

Click on the attachment to read the full report:

Dolat Capital CG Consumer Q2FY21 Result Update.pdf
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