CROMPTON Q3 FY26 Guidance vs Delivery (CROMPTON Management Mirror)

Pricing, Margins & Cost Management

Outlook (Dec'25 Qtr): Management initiated specific plans for two additional rounds of price increases to offset commodity cost inflation: one in Q4 (Mar'26) and another in Q1 (Jun'26). They expect to largely offset cost impacts through these hikes combined with "Unnati" cost-savings initiatives and mix improvements.

Sequential Progression:

*Sep'25 Qtr:* Initiated pricing actions (approx. 1.4% to 1.5% in fans) effective late Oct'25. Targeted margin restoration to intrinsic mid-teens levels in due course.

*Jun'25 Qtr:* Focused on Butterfly margin recovery (+100 bps guidance reaffirmed) and sustainable Lighting margins via mix improvement.

Commentary: "We are looking at 2 more rounds of price increase that would happen in Q4 and Q1. We expect that further actions to define cost increases will continue to be taken going forward."