Havells India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
April 30, 2024 at 04:15 pm IST
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Havells India Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 54,420.2 million compared to INR 48,592.1 million a year ago. Revenue was INR 55,177.7 million compared to INR 49,059.2 million a year ago. Net income was INR 4,467 million compared to INR 3,580.4 million a year ago. Basic earnings per share from continuing operations was INR 7.13 compared to INR 5.71 a year ago. Diluted earnings per share from continuing operations was INR 7.13 compared to INR 5.71 a year ago.
For the full year, sales was INR 185,900.1 million compared to INR 169,107.3 million a year ago. Revenue was INR 188,389.7 million compared to INR 170,884.4 million a year ago. Net income was INR 12,707.6 million compared to INR 10,717.3 million a year ago. Basic earnings per share from continuing operations was INR 20.28 compared to INR 17.11 a year ago. Diluted earnings per share from continuing operations was INR 20.28 compared to INR 17.11 a year ago.
Havells India Limited is an India-based fast moving electrical goods (FMEG) company. The Company is also engaged in the manufacturing of power distribution equipment. The Companyâs products include industrial and domestic circuit protection devices, cables and wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters, power capacitors, luminaires for domestic, commercial, and industrial applications. The Company has brand showroom in the electrical industry, namely Havells Exclusive Brand Stores. It has approximately 700+ Havells Exclusive Brand Stores across the country, which helps customers, both domestic and commercial, to choose from a variety of products for different applications. The Company also offers door-step service via its initiative Havells Connect. It owns various brands, Havells, Lloyd, Crabtree and Standard. Its network constitutes of approximately 4000 professionals, over 14000 plus dealers and 35 branches in the country.
HAVELLS INDIA LIMITED 
