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In the second quarter ending September 30, 2017, the number of Crompton customers rose by 23.28 per cent to Rs 70.80 crore. The company had registered a net profit of Rs 57.43 crore in the same quarter last year.
Total income is Rs 963.24 crore. During the same period last year, it was Rs 904.02 crore."The challenges behind stabilizing the GST regime, the first two quarters of the market environment, our quarterly growth of our two large businesses - fans and lighting," said Crompton Greaves Consumer Electric Managing Director Shantanu Khosla."The market share of our consumption is in both fans and LED lights. We have achieved through strong strategies, strong B2C lighting drives together with the price optimization in LED and expansion drive to increase innovation in dirt-resistant fans," he added.
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