Wednesday, 29 January 2014

Havells India reports 28% jump in Q3 net profit

Havells India has reported results for third quarter ended December 31, 2013.

The company has reported 28.32% rise in its net profit at Rs 121.47 crore for the quarter as compared to Rs 94.66 crore for the same quarter in the previous year. Total income of the company has increased by 12.76% at Rs 1195.10 crore for quarter under review as compared to Rs 1059.90 crore for the quarter ended December 31, 2012.

Havells India is engaged in selling products in Kerala for several years and the business has shown an upward trend in terms of turnover in a short span of time. It has 10 manufacturing facilities in India in various states, including Himachal Pradesh, Uttar Pradesh and Rajasthan.

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