Havells India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Havells India Ltd reported a 11.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.0%.
• Its expenses for the quarter were down by 11.8% QoQ and up 5.1% YoY.
• The net profit decreased 8.4% QoQ and increased 18.9% YoY.
• The earnings per share (EPS) of Havells India Ltd stood at 5.08 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Havells India Ltd is a leading electrical goods company in India, renowned for its wide range of products, including industrial and consumer electrical products. The company's portfolio comprises electrical products like cable & wires, motors, fans, power capacitors, lighting, home appliances, modular switches, water heaters, and domestic appliances. Havells India Ltd. operates in the consumer electrical and power distribution sectors, serving both domestic and international markets. The company has a strong brand presence and a robust distribution network across India. Notable developments for Havells include ongoing expansions in its product lines and increased focus on innovation and sustainability. However, specific recent developments were not detailed in the data provided.

Revenue

In the second quarter of the financial year 2026 (Q2FY26), Havells India Ltd reported a total income of ₹4865.59 crores. This represents a decrease of 11.9% compared to the previous quarter (Q1FY26), where the total income was ₹5524.53 crores. Year-over-year, from Q2FY25 to Q2FY26, the total income increased by 5.0%, up from ₹4632.20 crores. The fluctuations in total income reflect changes in sales and revenue generation capabilities over the periods analyzed. This data indicates the company's performance in generating revenue over different quarters and the annual growth in income.

Profitability

Havells India Ltd's profitability metrics for Q2FY26 indicate a profit before tax (PBT) of ₹409.77 crores, showing a quarter-over-quarter decrease of 12.8% from ₹469.75 crores in Q1FY26. Year-over-year, the PBT rose by 12.8% from ₹363.26 crores in Q2FY25. The profit after tax (PAT) for Q2FY26 was ₹318.28 crores, down 8.4% from ₹347.53 crores in the previous quarter (Q1FY26). Comparatively, the PAT increased by 18.9% from ₹267.77 crores in the previous year (Q2FY25). These figures illustrate the company's ability to maintain profitability amidst varying total income levels. The tax expense for Q2FY26 was ₹96.31 crores, which is a decrease from ₹122.22 crores in the previous quarter, and slightly higher than ₹95.49 crores in Q2FY25. Earnings per share (EPS) stood at ₹5.08 in Q2FY26, reflecting a quarter-on-quarter decrease of 8.3% and a year-on-year increase of 18.7%.

Operating Metrics

The total expenses for Havells India Ltd in Q2FY26 were ₹4456.77 crores, a decrease of 11.8% from ₹5051.18 crores in Q1FY26. This change in total expenses corresponds to the reduction in total income. Year-over-year, total expenses increased by 5.1% from ₹4240.82 crores in Q2FY25. The analysis of operating expenses and income provides insight into the company's cost management and operational efficiency. Operating expenses play a critical role in the company's ability to maintain profit margins and overall financial health. Additionally, these metrics are crucial for assessing how changes in operational strategy or market conditions impact the company's financial results.