Premium portfolio, margin expansion to drive gains for Crompton stock

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Both the ECD and lighting segments saw growth, but margin improvements were primarily led by the ECD segment.

Standalone sales rose by 10.5 per cent, while the ECD segment continued its growth momentum with a 12.5 per cent increase in revenues, driven by volume and pricing gains.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Compass Stock market Crompton Greaves Consumer Indian market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 19:44:49 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 97 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23921762

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Official Website: business-standard.com

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Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

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Publisher ID: #49

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