Results - Announcements
Havells India Ltd share price slipped 2.48% to Rs 1071.1 after the company's net profit saw a strong growth of 20.54% to Rs 349.22 crore, while revenue from operations slipped slightly by 1.32% to Rs 6431.99 crore in Q3FY26 over Q2FY26.
The market capitalization of Consumer Electronics industry group stocks on BSE stood at Rs 1.84 lakh crore, jumping 26.95%. It has slipped by 6.04% over last one week and retreating 14.18% in last one month while the market capitalization of Havells India Ltd has softened by 4.15% and 12.69% in the same period respectively.
Profit before tax (PBT) of Havells India Ltd stood at Rs 472.62 crore in Q3 FY26, improving 14.00% year-on-year, and rallying 20.48% quarter-on-quarter. EBITDA came in at Rs 541 crore, surging by 53.54% YoY and expanding by 31.24% sequentially.
Total expenses slightly declined by 3% to Rs 5987.23 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 3447.25 crore, falling by 14.32% YoY, while employee benefits expense was at Rs 553.89 crore, ticking higher by 4.22% YoY.
For the TTM ended FY26, revenue from operations tick up 3.44% to Rs 22527.77 crore, while net profit registered a growth of 14.90% to Rs 1689.25 crore, compared to previous TTM. EBITDA jumped by 185811% to Rs 1705.26 crore, and PBT improved 11.01% to Rs 2209.57 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1571.99 crore in FY26, as against Rs 1515.29 crore in FY25.
Havells India Ltd plunged by 27.84% in last one year, underperforming the benchmark BSE Sensex which has slipped by 12.69% during the same period.