Results - Announcements
Havells India Ltd share price gained 0.42% to Rs 1075.6 after the company's net profit saw a strong growth of 20.54% to Rs 349.22 crore, while revenue from operations softened 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, expanding by 26.95%. It has slipped by 5.35% over last one week and retreating 14.50% in last one month while the market capitalization of Havells India Ltd has eased by 4.29% and 12.32% in the same period respectively.
Profit before tax (PBT) of Havells India Ltd stood at Rs 472.62 crore in Q3 FY26, rising by 14.00% year-on-year, and jumping 20.48% quarter-on-quarter. EBITDA came in at Rs 541 crore, rallying 53.54% YoY and surging 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, dropping by 14.32% YoY, while employee benefits expense was at Rs 553.89 crore, inching up 4.22% YoY.
For the TTM ended FY26, revenue from operations grew marginally by 3.44% to Rs 22527.77 crore, while net profit rose by 14.90% to Rs 1689.25 crore, compared to previous TTM. EBITDA jumped by 185811% to Rs 1705.26 crore, and PBT rose 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 crashed 28.06% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.37% during the same period.