Havells India reports 71% rise in Q4 consolidated net profit

21 May 2021 Evaluate

Havells India has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 70.56% rise in its net profit at Rs 302.27 crore for the quarter under review as compared to Rs 177.22 crore for the same quarter in the previous year. Total income of the company increased by 50.67% at Rs 3368.40 crore for Q4FY21 as compared Rs 2235.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 70.95% rise in its net profit attributable to equityholders at Rs 303.83 crore for the quarter under review as compared to Rs 177.73 crore for the same quarter in the previous year. Total income of the company increased by 50.82% at Rs 3375.87 crore for Q4FY21 as compared Rs 2238.22 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported 41.83% rise in its net profit at Rs 1039.64 crore as compared to Rs 733.03 crore for the previous year. Total income of the company marginally increased by 11.26% at Rs 10615.74 crore for year under review as compared to Rs 9541.18 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported 45.02% rise in its net profit attributable to equityholders  at Rs 1044.31 crore as compared to Rs 735.35 crore for the previous year. Total income of the company increased by 11.42% at Rs 10644.66 crore for year under review as compared to Rs 9553.67 crore for year ended March 31, 2020.

Havells India Share Price

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