Havells India reports 16% fall in Q1 consolidated net profit

29 Jul 2019

Havells India has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 17.34% in its net profit at Rs 173.91 crore for the quarter under review as compared to Rs 210.40 crore for the same quarter in the previous year. However, total income of the company increased by 4.80% at Rs 2,751.67 crore for Q1FY20 as compared Rs 2,625.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 16.13% in its net profit at Rs 177.09 crore for the quarter under review as compared to Rs 211.16 crore for the same quarter in the previous year. However, total income of the company increased by 4.81% at Rs 2,756.50 crore for Q1FY20 as compared Rs 2,629.94 crore for the corresponding quarter previous year.

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