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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Some joint life insurance plans offer fixed monthly payments to the spouse in case of the death of the primary insured
You’re not alone if you’re in this dilemma. It’s certainly a prudent financial decision to pre-pay the home loan at regular intervals.
The logical question then is why is there an insurance of deposits up to Rs 5 lakhs if all the savings are safe?
In a joint term insurance plan, not many insurers provide add-on covers along with a primary joint life insurance plan