Havells India surges on reporting three fold jump in Q4 net profit

13 May 2016

Havells India is currently trading at Rs. 363.50, up by 21.50 points or 6.29% from its previous closing of Rs. 342.00 on the BSE.

The scrip opened at Rs. 347.00 and has touched a high and low of Rs. 366.30 and Rs. 345.80 respectively. So far 2,96,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 366.30 on 13-May-2016 and a 52 week low of Rs. 235.60 on 09-Nov-2015.

Last one week high and low of the scrip stood at Rs. 366.30 and Rs. 333.35 respectively. The current market cap of the company is Rs. 22,722.50 crore.

The promoters holding in the company stood at 61.63% while Institutions and Non-Institutions held 29.74% and 8.62% respectively.

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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1107.20 -68.15 (-5.80%) Feb 26, 18:55
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