Crompton faces SGST demand: what it means for Crompton stock
Published on 10/02/2026 at 05:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Crompton Greaves Consumer Electricals faces an INR 1.59 crore State Goods and Services Tax demand received on September 30, 2026. As ScanX News reported on October 1, 2026, Crompton plans to appeal the order and said it expects no material impact on financials or operations.
The tax order means INR 1.59 crore at stake
The demand follows an assessment concerning excess input tax credit claims and reversals on exempt supplies. The total includes INR 83.35 lakh in tax, INR 67.58 lakh in interest and INR 8.33 lakh in penalties, making the tax component 52.38 percent of the total demand.
Crompton plans to appeal under Section 112 of the SGST Act, 2017. The stated operational impact is limited, but the filing adds a regulatory item to the company story as investors await the September quarter results.
Revenue reaches INR 22.35 billion
For the quarter ended June 30, 2026, Crompton reported revenue of INR 22.35 billion, up 11.84 percent from the year-earlier quarter, while net profit rose to INR 1.43 billion. The Economic Times reported the June-quarter figures on August 6, 2026.
The company also closed its insider trading window from October 1, 2026, ahead of unaudited results for the quarter and half-year ending September 30, 2026. According to ScanX News on September 29, 2026, the restriction lasts until 48 hours after the results are declared.
Stock stays near its yearly low
Crompton last traded at INR 202.70 on the NSE on October 1, 2026 at 3:14 p.m. IST, down 2.86 percent from INR 208.67. The quote stood 34.72 percent below the 52-week high of INR 310.50 and 0.80 percent above the 52-week low of INR 201.10.
The market capitalization was INR 130.5 billion as of October 1, 2026. The combination of double-digit June-quarter revenue growth and a stock price near its yearly low leaves the September-quarter release as the next measurable test for the recovery narrative.
Crompton Greaves Consumer Electricals stock facts
- Company: Crompton Greaves Consumer Electricals Limited
- Ticker: CROMPTON
- Primary exchange: NSE
- Price on NSE as of October 1, 2026: INR 202.70
- Change versus prior close: minus 2.86 percent
- Prior close on NSE: INR 208.67
- Market capitalization as of October 1, 2026: INR 130.5 billion
- 52-week range as of October 1, 2026: INR 201.10-INR 310.50
- Sector: Consumer Durables
