Crompton’s consumer durables biz on track, but Butterfly recovery taking longer
Source: Live Mint Crompton Greaves Consumer Electricals Ltd’s shares have gained 9% since its September quarter results (Q2FY25) were released around mid-November. Consolidated gross margin expanded year-on-year, pushing Ebitda growth to 16.5%, ahead of 6% revenue growth. This could be exciting for investors, coupled with the fact that Crompton’s electric consumer durables (ECD) business saw…