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Havells Q1 FY 20 Profit Dips by 17.5 %

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Havells India Ltd. a leading Indian FMEG Company announced its Q1 results for the current financial year.

Standalone Q1 FY20 v/s Q1 FY19 Financial Performance

The revenue of the company has increased by 4.45% reaching Rs. 2,711.97 Cr. from Rs. 2,596.34 Cr. Profit Before Tax of the company has gone down by 13.2%, reaching Rs.263.72 Cr. from Rs. 303.88 Cr. Profit After Tax of the company has decreased by 17.34 % to Rs. 173.91 Cr. from Rs. 210.40 Cr.

Financials FY 17-18  FY 18-19 % Change
Revenue (Cr.) ₹ 2,596.34 ₹ 2,711.97 4.45 %
Profit Before Tax (Cr.) ₹ 303.88 ₹ 263.72 (-) 13.2%
Profit After Tax (Cr.) ₹ 210.40 ₹ 173.91 (-) 17.34%

About the Company: Havells India Ltd. manufactures a wide range of product such as Industrial & Domestic Circuit Protection Switchgear, Cables & Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches, Water Heaters and Domestic Appliances covering the entire gamut of household, commercial and industrial electrical needs. Its has 12 state-of-the-art manufacturing units, 43 branch offices and over 4000 professionals across India.