Havells India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
January 19, 2023 at 03:59 am EST
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Havells India Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 41,275.7 million compared to INR 36,642.1 million a year ago. Revenue was INR 41,672.1 million compared to INR 37,130.5 million a year ago. Net income was INR 2,835.2 million compared to INR 3,058.2 million a year ago. Basic earnings per share from continuing operations was INR 4.53 compared to INR 4.88 a year ago. Diluted earnings per share from continuing operations was INR 4.53 compared to INR 4.88 a year ago.
For the nine months, sales was INR 120,515.2 million compared to INR 95,122.2 million a year ago. Revenue was INR 121,826.2 million compared to INR 96,285.5 million a year ago. Net income was INR 7,136.9 million compared to INR 8,439.9 million a year ago. Basic earnings per share from continuing operations was INR 11.39 compared to INR 13.48 a year ago. Diluted earnings per share from continuing operations was INR 11.39 compared to INR 13.48 a year ago.
Havells India Limited is an India-based fast moving electrical goods (FMEG) company. The Company is also engaged in the manufacturing of power distribution equipment. The Companyâs products include industrial and domestic circuit protection devices, cables and wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters, power capacitors, luminaires for domestic, commercial, and industrial applications. The Company has brand showroom in the electrical industry, namely Havells Exclusive Brand Stores. It has approximately 700 plus Havells Exclusive Brand Stores across the country, which helps customers, both domestic and commercial, to choose from a variety of products for different applications. It owns various brands, Havells Studio, Havells, Lloyd, Havells Crabtree, REO. Its consumer products include fans, lighting, switches, home appliances, home electricals, switchgears, smart home, home advisor, home art lights.
HAVELLS INDIA LIMITED 
