Havells India has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Havells India has reported marginally rise of 2.48% in its net profit at Rs 361.71 crore for the quarter under review as compared to Rs 352.95 crore for the same quarter in the previous year. Total income of the company increased by 9.75% at Rs 4,896.40 crore for Q4FY23 as compared to Rs 4,461.21 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported marginally rise of 1.58% in its net profit at Rs 358.04 crore for fourth quarter ended March 31, 2023 as compared to Rs 352.48 crore for the same quarter in the previous year. Total income of the company increased by 9.74% at Rs 4,905.92 crore for Q4FY23 as compared to Rs 4,470.37 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 10.03% fall in its net profit at Rs 1,074.95 crore as compared to Rs 1,194.73 crore for the previous year. However, total income of the company increased by 21.33% at Rs 17,045.40 crore for year under review as compared to Rs 14,048.95 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 10.43% fall in its net profit at Rs 1,071.73 crore as compared to Rs 1,196.47 crore for the previous year. However, total income of the company increased by 21.20% at Rs 17,088.44 crore for year under review as compared to Rs 14,098.92 crore for year ended March 31, 2022.
