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Crompton Greaves misses profit view on weak demand
short by / on Thursday, 13 February, 2025
India's Crompton Greaves Consumer Electricals reported a smaller-than-expected rise in quarterly profit on Wednesday due to sluggish demand in its mainstay electric durables segment that sells fans and pumps. Crompton Greaves' quarter net profit up 27.7% to ₹110 crore, misses ₹115 crore estimate.