Havells Q1FY24 Results: Consolidated PAT of Rs. 287.07 Cr

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

Havells Q1 results show revenue fell from 4,905.92 crores to 4,898.64 crores, a -0.15% decrease in growth. EPS down from ₹5.71 to ₹4.58, down by -19.79%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Havells shared its Q1 results on Thursday. They earned 4,898.64 crores in revenue this quarter, but that’s less than the 4,905.92 crores they made last quarter. Unfortunately, the company’s growth decreased by -0.15 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 287.07 crores, down from 358.04 crores in the previous quarter. Their quarter-to-quarter growth decreased by -19.82 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹4.58, which is a decrease of 19.79% from the ₹5.71 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 4,898.64 crores this year (2023), which is 14.13 percent higher than last year’s total revenue of 4,292.05 crores.

This year’s PAT (Profit After Tax) is 287.07 crores, which is also 18.06% higher than last year’s PAT of 243.16 crores.

The EPS (Earnings Per Share) for this year is ₹4.58, which is 18.04% more than the EPS of ₹3.88 earned last year.

Havells Share Dividend Announcement / Record Date:

The Board of Directors has declared a Final Dividend of ₹4.50 per Equity Share of Face Value of ₹1 each of the Company.

About Havells :

Havells India Limited, a multinational electrical equipment company, is headquartered in Noida, India. The company was originally founded by Haveli Ram Gandhi and was later acquired by Qimat Rai Gupta, who had initially been one of its distributors.

Download the Full PDF of Havells Q1 Results: Click Here

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