Home / Business and Economy / Havells India Q4 Profit Jumps 40% Amid Mixed Market Signals
Havells India Q4 Profit Jumps 40% Amid Mixed Market Signals
22 Apr
Summary
- Consolidated net profit surged 39.9% to ₹723.39 crore in the March quarter.
- Revenue increased by 2.47% to ₹6,705.20 crore, impacted by mild summer.
- A gain of ₹283 crore from Goldi Solar investment boosted quarterly performance.
Havells India announced a robust 39.9% year-on-year increase in its consolidated net profit for the fourth quarter ending March 31, 2026, achieving ₹723.39 crore. This growth occurred despite a modest 2.47% rise in revenue from operations, which stood at ₹6,705.20 crore.
The company attributed the "modest Q4 performance" partially to a delayed start to the summer season, which affected stock levels for cooling products. Additionally, cautious trade sentiments and higher costs influenced consumer categories.
Despite these consumer-facing challenges, industrial and infrastructure-led segments maintained strong momentum. Havells also benefited from a ₹283 crore gain from its ₹600 crore investment in Goldi Solar. This contributed to a 5.88% increase in total income to ₹7,001.45 crore for the quarter.
For the full fiscal year FY26, Havells' profit grew 14.9% to ₹1,689.25 crore, with total income rising 4.26% to ₹23,022.16 crore. Key segment performances included a 6.4% revenue increase in Switchgears and a 14% surge in Cables, while Lighting & Fixtures remained flat and Electrical Consumer Durables saw a 2% slip.
