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The company's consolidated income from operations increased 6.93% year over year (YoY) to Rs 4,413.86 crore from Rs 4,127.57 crore in the previous year.
In its FY23 AR, Havells India (HAVL) focuses on taking GTM deeper. This is to enhance rural penetration, leveraging its multi-brand strategy to address the economy’s cross-section, strong impetus on R&D-led product launches and continued efforts to drive localization and manufacturing footprint.
For the second quarter that concluded on September 30, 2022, Havells India Ltd. reported a 38.15% fall in its consolidated net profit to Rs 187.01 crore as commodities inflation hurt its margins
The Ghiloth plant is already capable of producing 3 lakh units annually, and the business aims to increase that capacity to 3.8 lakh units annually.
In the April-June quarter of the previous year, the manufacturer of consumer electrical items reported a combined net profit of Rs 235.78 crore.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.