Havells India Limited Announces the Audited Standalone Earnings Results for the Quarter and Year Ended March 31, 2019 and Consolidated Earnings Results for the Year Ended March 31, 2019
May 29, 2019 at 07:20 am
Share
Havells India Limited announced the audited standalone earnings results for the quarter and year ended March 31, 2019 and consolidated earnings results for the year ended March 31, 2019. For the quarter, the company reported revenue from operations was INR 27,518.6 million as compared to INR 25,349.0 million a year ago. Total income INR 27,828.1 million as compared to INR 25,606.4 million a year ago. Net Profit for the period INR 2,068.3 million as compared to INR 2,257.6 million a year ago. Basic earnings per share was INR 3.31 as compared to INR 3.61 a year ago.
For the year, the company reported revenue from operations was INR 100,576.2 million as compared to INR 82,602.7 million a year ago. Total income INR 101,851.7 million as compared to INR 83,772.6 million a year ago. Net Profit for the period INR 3,637.4 million as compared to INR 3,0218 million a year ago. Basic earnings per share was INR 12.66 as compared to INR 11.40 a year ago.
On consolidated basis, the company reported revenue from operations was INR 100,734.3 million as compared to INR 82,690.1 million a year ago. Total income INR 102,020.8 million as compared to INR 83,869.1 million a year ago. Net Profit for the period INR 7,855.4 million as compared to INR 6,609.7 million a year ago. Basic earnings per share was INR 12.56 as compared to INR 10.57 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 Announces the Audited Standalone Earnings Results for the Quarter and Year Ended March 31, 2019 and Consolidated Earnings Results for the Year Ended March 31, 2019