Havells India Q2 FY24 Results: Consolidated PAT Rose to Rs. 249.08 Cr

Havells India Q2 FY24 Results: Consolidated PAT Rose to Rs. 249.08 Cr

Havells India Q2 FY24 Results Today

Havells India Q2 results show revenue up from 4,898.64 crores to 3,952.81 crores, a 19.31% increase in growth. EPS rose from ₹4.58 to ₹3.97, up by 13.32%.

Quarter-on-Quarter Basis Results (Q2 FY2024):

Havells India shared its Q2 results on Thursday. They earned 3,952.81 crores in revenue this quarter, but that’s more than the 4,898.64 crores they made last quarter. The company’s growth increased by 19.31 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 249.08 crores, up from 287.07 crores in the previous quarter. Their quarter-to-quarter growth increased by 13.23 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹3.97, which is an increase of 13.32% from the ₹4.58 EPS in the previous quarter.

Year-over-Year Basis Results (Q2 FY2024):

The company made a total revenue of 3,952.81 crores this year (2023), which is 6.17 percent higher than last year’s total revenue of 3,723.26 crores.

This year’s PAT (Profit After Tax) is 249.08 crores, which is also 33.19% higher than last year’s PAT of 187.01 crores.

The EPS (Earnings Per Share) for this year is ₹3.97, which is 33.22% more than the EPS of ₹2.98 earned last year.

Year-over-Year Basis Results (Half Year Ended FY2024):

In the first half of 2023, the company generated a total revenue of 8,851.45 crores, marking a 10.43% increase compared to the previous year’s 8,015.31 crores.

The PAT (Profit After Tax) for this half-year stands at 536.15 crores, showing a 243.64% growth over the previous year’s 430.17 crores.

The EPS (Earnings Per Share) for this half-year is ₹8.56, representing a 24.60% increase from the previous half-year’s EPS of ₹6.87.

Havells India Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Havells India:

Havells India Limited is a multinational corporation operating in the electrical equipment sector, with its headquarters located in Noida, India. The company was initially established by Haveli Ram Gandhi and later acquired by his distributor, Qimat Rai Gupta.

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