Havells India reports 33% rise in Q2 consolidated net profit

Havells India Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 517354 | NSE: HAVELLS

19 Oct 2023 Evaluate

Havells India has reported results for second quarter ended September 30, 2023 (Q2FY24).

The company has reported 33.30% rise in its net profit at Rs 249.10 crore for the quarter under review as compared to Rs 186.87 crore for the same quarter in the previous year. Total income of the company increased by 6.23% at Rs 3943.63 crore for Q2FY24 as compared Rs 3712.27 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 33.19% rise in its net profit at Rs 249.08 crore for Q2FY24 as compared to Rs 187.01 crore for the same quarter in the previous year. Total income of the company increased by 6.17% at Rs 3952.81 crore for Q2FY24 as compared Rs 3723.26 crore for the corresponding quarter previous year.

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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