Havells Q1 net profit jumps about 4-fold to Rs 236 crore

Its revenue from operations was up 75.95% at Rs 2,609.97 crore during the period under review as against Rs 1,483.40 crore a year ago

  • Money9
  • Publish Date - July 21, 2021 / 09:22 PM IST
Havells Q1 net profit jumps about 4-fold to Rs 236 crore

Havells India Ltd on Wednesday reported nearly four-fold jump in its consolidated net profit to Rs 235.78 crore for the first quarter ended June 2021.

The company had posted a consolidated net profit of Rs 63.98 crore in the April-June quarter a year ago, Havells said in a regulatory filing.

Its revenue from operations was up 75.95% at Rs 2,609.97 crore during the period under review as against Rs 1,483.40 crore a year ago.

Havells’ total expenses were at Rs 2,327.20 crore, growing 62.86% at Q1/FY 2021-22 as against Rs 1,428.93 crore.  Revenue from Switchgears segment was Rs 377.32 crore, up 98.42% as against Rs 190.16 crore in the April-June quarter a year ago.

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