{"id":40100,"date":"2022-05-04T21:45:09","date_gmt":"2022-05-04T16:15:09","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-ld-results-havells\/"},"modified":"2022-05-04T21:45:09","modified_gmt":"2022-05-04T16:15:09","slug":"biz-ld-results-havells","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-ld-results-havells\/","title":{"rendered":"Havells Q4 profit\u00a0rises 16% to Rs 352.48 cr, sales up 32.5%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3447789608\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi,\u00a0 May 4 (PTI) Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent\u00a0increase\u00a0in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2405498939\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells said in a regulatory filing.<\/p>\n<p> Its revenue from operations was up 32.55 per cent to Rs 4,426.26 crore during the period under review as against Rs 3,339.21 crore in the corresponding period last fiscal.<\/p>\n<p> Commenting on the result, Havells India Chairman and Managing Director Anil Rai Gupta said, \u201cSales momentum was regained in Q4 with encouraging performance across verticals. Sustained inflation impacting the margins, however, expect margins to improve with the calibrated price increase and cost optimisation.&#8221; \t Havells total expenses were at Rs 3,996.12 crore, up 36.87 per cent at Q4\/FY 2021-22 as against Rs 2,919.54 crore.<\/p><div class=\"trade-content_5\" id=\"trade-568437602\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Havells revenue from the Switchgears segment was Rs 474.51crore, up 2.41 per cent as against Rs 463.33 crore in the January-March quarter a year ago. Its cables segment was at Rs 1,488.10 crore, up 44.58 per cent, as against Rs 1,029.20 crore of Q4\/FY 2020-21.<\/p>\n<p> Havells\u2019 revenue from lighting and fixtures in Q4\/FY 2021-22 was up 20.33 per cent to Rs 405.23 crore, against Rs 336.74 crore in the corresponding quarter of the previous year.<\/p>\n<p> While Electrical consumer durables (ECD) was up 22.50 per cent to Rs 872.72 crore as against Rs 712.38 crore in the year-ago period. Revenue from Lloyd Consumer, a company which Havells had acquired in 2017, was 62.48\u00a0 per cent to Rs 959.58 crore during the October-December quarter as against Rs 590.57 crore. Havells\u2019 Revenue from \u2018Other Segment\u2019 was at Rs 226.12 crore, up 9.24 per cent, as against Rs 206.99 crore.<\/p>\n<p> For the fiscal year ended March 2022, Havells&#8217; consolidated net profit was up 14.57 per cent at Rs 1,196.47 crore. It has reported a net profit of\u00a0 Rs 1,044.31 crore for 2020-21.<\/p>\n<p> Its revenue from operation was at Rs 13,938.48 crore in 2021-22. This was 33.28 per cent higher than Rs 10,457.30 crore in the year-ago period.<\/p>\n<p> The Board of Directors of the Company has approved a final dividend of Rs 4.50 per equity share, for the financial year 2021-22.<\/p><div class=\"trade-content-10\" id=\"trade-1277324001\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Shares of Havells India Ltd on Wednesday settled at Rs 1,253 on BSE,\u00a0 down 2.82 per cent from the previous close. PTI KRH  MR MR<\/p>\n<div class=\"trade-after-content\" id=\"trade-3794461920\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi,\u00a0 May 4 (PTI) Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent\u00a0increase\u00a0in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022. The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-40100","post","type-post","status-publish","format-standard","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Havells Q4 profit\u00a0rises 16% to Rs 352.48 cr, sales up 32.5% - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-ld-results-havells\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Havells Q4 profit\u00a0rises 16% to Rs 352.48 cr, sales up 32.5%\" \/>\n<meta property=\"og:description\" content=\"New Delhi,\u00a0 May 4 (PTI) Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent\u00a0increase\u00a0in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022. 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