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Havells India reports 20% jump in Q4 net profit

28 May 2013 Evaluate

Havells India reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a marginal rise of 19.84% in its net profit at Rs 109.68 crore in Q4FY13 as compared to net profit of Rs 91.52 crore in the same quarter previous year. Total income of the company has increased by 11.84% to Rs 1172.99 crore as compared to Rs 1048.80 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 21.60% rise in its net profit at Rs 371.39 crore in FY13 as against Rs 305.43 crore in previous years. Total income from operation of the company has increased to Rs 4234.61 crore as compared to Rs 3622.78 crore in FY12, up by 16.89%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted 57.18% rise in its net profit after taxes and minority interest at Rs 581.43 crore under year under review as compared to Rs 369.92 crore in FY12. Total income has increased by 11.00% at Rs 7281.26 crore for year under review as compared to Rs 6559.55 crore for the period ended March 31, 2012.

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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