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Havells India is confident of 'medium to long-term demand trends': CMD Anil Rai Gupta

Havells India is confident of medium to long-term demand trends : CMD Anil Rai Gupta
Now consumer preferences are changing towards reliable and quality brands, creating a unique opportunity for organised players driving premiumisation with products that are feature-led, energy-efficient and have a digital footprint, Gupta said
PTI | June 4, 2021 | Updated 19:18 IST
In FY21, Havells reported revenue growth of 11 per cent to Rs 10,428 crore
Inflationary trends in commodity prices and the second wave of COVID-19 would impact consumer sentiment in the short term but consumer electric goods maker Havells India is confident of the medium to long-term demand trends , its Chairman and Managing Director Anil Rai Gupta said. Now consumer preferences are changing towards reliable and quality brands, creating a unique opportunity for organised players driving premiumisation with products that are feature-led, energy-efficient and have a digital footprint, Gupta said i ....

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Havells India confident of demand revival, says CMD Anil Gupta

Read more about Havells India confident of demand revival, says CMD Anil Gupta on Business Standard. The company is working on product development and emerging consumer trends ....

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Havells India share falls 4% despite 71% rise in Q4 profit, here's why

Havells India share falls 4% despite 71% rise in Q4 profit, here s why
Share of Havells India slipped 4.59% intra day to Rs 1,023.45 on BSE. The large cap stock has fallen 4.27% in the last 2 days
Aseem Thapliyal | May 21, 2021 | Updated 18:07 IST
Havells India share trades higher than 20 day and 200 day moving averages but lower than 5 day, 50 day and 100 day moving averages.
Share of Havells India closed over 4% lower today after the firm reported a 70.95 per cent rise in consolidated net profit in Q4. Motilal Oswal said earnings were below expectations. The brokerage said it expected strong operating performance adding that higher tax rate led to earnings miss. Net profit came in 10% below their estimate. ....

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Havells India share falls 4% despite 71% rise in Q4 profit, here's why

Havells India share falls 4% despite 71% rise in Q4 profit, here's why
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Havells India's YoY Q4FY21 standalone net profit up over 70%

Fast moving electrical goods (FMEG) company Havells India on Thursday reported a rise of 70.62 per cent in its standalone net profit in Q4FY21 on a year-on-year basis.According to the company, the standalone Q4FY21 net profit rose to Rs 302 . ....

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