Press Esc to close
Thursday 27 April 2017
News updated at 8:53 AM IST

Havells India Q1 PAT up 23 pc at Rs 87 crore

New Delhi, Jul 30, 2013, (PTI): 12:35 IST
Electrical equipment and appliances maker Havells India today reported a 23 per cent increase in consolidated profit after tax (PAT) to Rs 87 crore for the first quarter ended June 30, 2013.

The company had posted a PAT of Rs 71 crore in the corresponding quarter last year, Havells India said in a statement.

Revenues during the quarter under review stood at Rs 1,823 crore, up 3 per cent from Rs 1,778 crore in the year-ago period.

Commenting on the performance, the company said the consistent growth in profitability was achieved through improvement in margins.

"Shift in product mix towards consumer products and better contribution margins in lighting and consumer durables drove higher margins," it added.

While switchgear revenues grew by 14 per cent, that of electrical consumer durables grew by 6 per cent, it said.

On a standalone basis the switchgear revenue stood at Rs 275.97 crore during the quarter, while that of electrical consumer durables was at Rs 222.25 crore.

Shares of Havells India were trading at Rs 720 per scrip during the mid-day trade, down 4.71 per cent from the previous close on BSE.

Go to Top

Photo Gallery
Priyanka Chopra at a promotional event for her upcoming film ‘Baywatch’ in Mumbai on Wednesday...

Priyanka Chopra at a promotional event for her upcoming film ‘Baywatch’ in Mumbai on Wednesday...

Maria Sharapova at a training session at the WTA Porsche Tennis Grand Prix in Stuttgart, Germany...

Maria Sharapova at a training session at the WTA Porsche Tennis Grand Prix in Stuttgart, Germany...

A cake weighing 30 kg is cut as part of celebrations outside BSE as Sensex ended above the...

A cake weighing 30 kg is cut as part of celebrations outside BSE as Sensex ended above the...

Family members of CRPF jawan Naresh Yadav, mourn in Darbhanga on Wednesday. He was martyred in...

Family members of CRPF jawan Naresh Yadav, mourn in Darbhanga on Wednesday. He was martyred in...

Soldiers of the Arctic motorised rifle brigade of Russia's Northern Fleet stand near APCs...

Soldiers of the Arctic motorised rifle brigade of Russia's Northern Fleet stand near APCs...

Blossoming apple trees are covered in snow near Altenstadt, Germany...

Blossoming apple trees are covered in snow near Altenstadt, Germany...

A watermelon vendor takes a nap on a hot day in Chennai on Wednesday...

A watermelon vendor takes a nap on a hot day in Chennai on Wednesday...

A boy jumps into the river Ganga to beat the heat in Kolkata on Wednesday...

A boy jumps into the river Ganga to beat the heat in Kolkata on Wednesday...

A newly-built aircraft carrier is transferred from dry dock into the water at a launch ceremony...

A newly-built aircraft carrier is transferred from dry dock into the water at a launch ceremony...

U.S. Army's M1 A2 tanks fire during the South Korea-U.S. joint military live-fire drills...

U.S. Army's M1 A2 tanks fire during the South Korea-U.S. joint military live-fire drills...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.