Crompton Greaves shares in focus as Q2 net profit tumbles 41% to Rs 75 crore. What should investors do?

Crompton Greaves Consumer Electricals reported a 41% YoY drop in Q2 FY25 net profit to Rs 75 crore, though revenue rose 1% to Rs 1,916 crore. Margins weakened due to commodity inflation and higher costs, but subsidiary Butterfly Gandhimathi posted double-digit growth. The company entered the solar rooftop segment with Rs 500 crore in new orders. Brokerages remain divided—Morgan Stanley retained Equalweight with a Rs 310 target, while Goldman Sachs maintained Buy with a trimmed Rs 330 target, citing long-term growth potential.