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Havelles India announces Strong Q4
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    Havelles India announces Strong Q4

    (20 second reading) Havells India has reported strong Q4 with revenue growing by 12 per cent YoY and net profit rising by 24 per cent YoY, surpassing expectations. This growth was primarily driven by strong summer sales. Additionally, EBITDA surged by 20 per cent YoY, with margins expanding by 80 basis points (bps) to 11.7 per cent, attributed to cost rationalization efforts and an improved product mix.
    HAVL’s core portfolio exhibited strength, buoyed by healthy demand in real estate and construction sectors, a trend expected to persist in the near term. Particularly, the Electrical Consumer Durables (ECD) and Lloyd segments demonstrated improved performance, driven by increased sales of fans and air conditioners.

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