Havells India Lights Up Q4—Profit and Revenue Race Ahead of Projections!

Image Source: Indian Retailer

Havells India has registered an electrifying performance for the fourth quarter, beating market estimates on both the revenue and profit sides. The company posted a consolidated revenue from operations of ₹65.44 billion, bettering the IBES estimate of ₹62.32 billion, while net profit jumped to ₹5.18 billion, higher than the estimated ₹4.67 billion. This strong performance reflects Havells' leadership in the market position and operational competence in the consumer electricals segment.

Key Highlights:

Revenue Exceeds Expectations: Q4 consolidated revenue from operations was ₹65.44 billion, well above analyst estimates and representing double-digit growth led by robust demand across product categories.
Profit Exceeds Projections: Net profit for the quarter was ₹5.18 billion, surpassing the IBES forecast of ₹4.67 billion, driven by better margins, effective cost control, and a positive product mix.
Segment Performance: Cables, switchgears, and lighting businesses recorded good sequential growth, and the Lloyd consumer business also registered signs of improvement, positively impacting the overall performance.
Stock Momentum: Havells India shares have risen 8% over the last week and 12% in the last month, reflecting investor confidence in the wake of the positive earnings.
Market Outlook: The outcome reaffirms Havells' dominance in the electricals market and its power to outpace in a cutthroat environment, giving a thumbs-up to the next fiscal year.