Havells India Limited reported a steady performance in its Q3 results, supported by healthy demand across key product categories and improved operating efficiency.
The company posted a year-on-year increase of 6.4% in net profit, which rose to ₹301 crore compared with ₹283 crore in the corresponding quarter last year. Revenue for the quarter recorded a stronger expansion, increasing by 14.2% year-on-year to ₹5,573 crore from ₹4,882 crore.
Operating performance showed notable improvement, with EBITDA rising 21.6% year-on-year to ₹524 crore from ₹432 crore. EBITDA margin expanded to 9.4% from 8.8% in the same period last year, underscoring enhanced profitability.
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