Havells India reports three fold jump in Q4 net profit

11 May 2016

Havells India has reported results for the fourth quarter and year ended March 31, 2016.

The company has posted three fold jump in its net profit at Rs 366.49 crore for the quarter ended March 31, 2016 as compared to Rs 121.85 crore for the same quarter in the previous year. Total income of the company has increased by 10.49% at Rs 1504.57 crore for quarter under review as compared to Rs 1361.71 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the company has posted a rise of 53.86% in its net profit at Rs 715.35 crore as compared to net profit Rs 464.94 crore for the same period in the previous year. Total income of company has increased by 4.21% at Rs 5505.62 crore for year under review as compared to Rs 5282.95 crore for the period ended March 31, 2015. 

For the year ended March 31, 2016, on the consolidated basis, the company has posted over three fold jump in its net profit at Rs 1208.78 crore as compared to Rs 385.42 crore for the same period in the previous year. However, total income of company has decreased by 9.51% at Rs 7800.43 crore for year under review as compared to Rs 8619.89 crore for the period ended March 31, 2015.

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