Havells India Reports 39.63% Surge in Q1 Net Profit for March 2026
Havells India consolidated net profit rises 39.63% in the March 2026 quarter
Business Standard
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Havells India, a leading electrical goods manufacturer, reported a 39.63% increase in net profit to ₹723.06 crore for the quarter ending March 2026, compared to ₹517.83 crore the previous year. Sales also rose by 2.47% to ₹6705.20 crore during the same period.
- 01Net profit increased by 39.63% in Q1 March 2026.
- 02Sales rose by 2.47% to ₹6705.20 crore.
- 03Full-year net profit grew by 14.83% to ₹1690.56 crore.
- 04Annual sales increased by 3.44% to ₹22527.77 crore.
- 05The company's operating profit margin declined slightly.
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Havells India, a prominent player in the electrical equipment sector, reported a substantial 39.63% increase in its consolidated net profit, reaching ₹723.06 crore for the quarter ending March 2026, compared to ₹517.83 crore in the same quarter the previous year. The company's sales also saw a modest rise of 2.47%, totaling ₹6705.20 crore compared to ₹6543.56 crore in March 2025. For the full fiscal year, Havells India achieved a net profit of ₹1690.56 crore, marking a 14.83% increase from ₹1472.26 crore in the previous year. Annual sales climbed by 3.44%, reaching ₹22527.77 crore from ₹21778.06 crore. Despite the positive growth in profits and sales, the operating profit margin (OPM) showed a slight decline, indicating potential challenges in maintaining profitability amidst rising costs.
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The increase in profits and sales suggests a positive outlook for Havells India, which may lead to more job opportunities and investments in the local economy.
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