Press Esc to close
Monday 08 February 2016
News updated at 7:35 AM IST
Weather
Max: 32°C
Min : 18°C
In Bengaluru
Partially cloudy

Havells India Q1 PAT up 23 pc at Rs 87 crore

New Delhi, Jul 30, 2013, (PTI):

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
A leopard attacks a man in a school premises in Bengaluru on Sunday...

A leopard attacks a man in a school premises in Bengaluru on Sunday...

Sand sculpture of turtles at Marina Beach as part of a 'Save a Turtle campaign'...

Sand sculpture of turtles at Marina Beach as part of a 'Save a Turtle campaign'...

Awareness about road safety rules at the launch of 'Aster SafeRoads campaign in New Delhi...

Awareness about road safety rules at the launch of 'Aster SafeRoads campaign in New Delhi...

Tourists enjoy Shikara rides at Dal Lake as tourism in J&K comes back to life after 2014 floods...

Tourists enjoy Shikara rides at Dal Lake as tourism in J&K comes back to life after 2014 floods...

Gen DS Hooda pays tribute at Jagdunath memorial on the occasion of Nowshera Day celebration...

Gen DS Hooda pays tribute at Jagdunath memorial on the occasion of Nowshera Day celebration...

Swimmer Sayani Ghosh during final round of women 400M Medley event at the 12th South Asian Games...

Swimmer Sayani Ghosh during final round of women 400M Medley event at the 12th South Asian Games...

Swimmer Sayani Ghosh (M), Shraddha Sudhir (L) and Sri Lankan swimmer JUI Silva (R), with their medal

Swimmer Sayani Ghosh (M), Shraddha Sudhir (L) and Sri Lankan swimmer JUI Silva (R), with their medal

Indian Swimmers Sajan Prakash (M), Saurabh Sangvekar (R) and Bangladeshi swimmer Mahfizur Rahman...

Indian Swimmers Sajan Prakash (M), Saurabh Sangvekar (R) and Bangladeshi swimmer Mahfizur Rahman...

Indian and Nepal women Hockey Team players in action during the 12th South Asian Games in Guwahati..

Indian and Nepal women Hockey Team players in action during the 12th South Asian Games in Guwahati..

Cyclists on a 40 kms criterium race during 12th South Asian Games, in Guwahati on Sunday...

Cyclists on a 40 kms criterium race during 12th South Asian Games, in Guwahati on Sunday...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523