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Havells India reports 28% rise in Q3 net profit

17 Jan 2017 Evaluate

Havells India has reported results for third quarter ended December 31, 2016.

The company has reported 27.55% rise in its net profit at Rs 152.97 crore for the quarter under review as compared to Rs 119.93 crore for the same quarter in the previous year. Total income of the company increased by 14.08% at Rs 1648.47 crore for Q3FY17 as compared Rs 1444.97 crore for the corresponding quarter previous year. 

Havells India is engaged in manufacturing and marketing of electrical and power equipments. It offers industrial and domestic circuit protection switchgear, cables and wires, motors, fans, power capacitors, lamps, luminaries for domestic, commercial and industrial applications, modular switches and bath fittings.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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