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Consumer electrical goods maker Havells India Ltd on Tuesday reported an increase of 24.76 per cent in its consolidated net profit to Rs 446.70 crore for the March 2024 quarter. The company had posted a consolidated net profit of Rs 358.04 crore in the January-March quarter a year ago, according to a regulatory filing.
Havells' stock has consistently held a premium valuation owing to the expansive scale, well-diversified portfolio, and ranking among the top three players in all product categories
Consumer electrical goods maker Havells India Ltd on Tuesday reported a marginal 1.54 per cent rise in its consolidated net profit to Rs 287.91 crore for the third quarter ended December 2023.
Home appliances company Havells India posted an 18.5% rise in first-quarter profit buoyed by sustained demand for its wires and cables due to steady infrastructure spending, sending shares 2.5%...
Havells India's Q1 pre-tax profit for the cables sector nearly doubled, putting overall profit for the quarter at INR2.87bn ($37.4m), up 18.5% QoQ, helped by steady infrastructure spending and healthy real estate demand. However, like-for-like sales of low-priced aircon units and fans left under the Lloyd Consumer brand