Havells India Q1 PAT declines 15% YoY to Rs 298 cr

Havells India reported a 15.30% year-on-year decline in standalone net profit to Rs 298.43 crore in Q1 FY27 from Rs 352.34 crore in Q1 FY26.

Revenue from operations rose 19.72% year on year to Rs 6,509.97 crore in the June 2026 quarter from Rs 5,437.81 crore in the corresponding quarter of the previous year.

Profit before tax (PBT) declined 15.50% to Rs 401.01 crore in Q1 FY27 from Rs 474.56 crore in Q1 FY26.

EBITDA fell 8.8% to Rs 474 crore in Q1 FY27 from Rs 520 crore in Q1 FY26, while EBITDA margin narrowed to 7.3% from 9.6% a year earlier.

On the segment front, switchgear revenue declined 3.48% year on year to Rs 607.63 crore, while cables revenue increased 27.02% to Rs 2,455.62 crore. Lighting & Fixtures revenue rose 4.48% to Rs 390.27 crore, while Electrical Consumer Durables revenue grew 12.04% to Rs 1,113.07 crore. Lloyd's consumer revenue jumped 15.67% to Rs 1,459.62 crore, renewables revenue surged 235.87% to Rs 314.34 crore, and other revenue increased 11.05% to Rs 169.42 crore.

Havells India is a leading fast-moving electrical goods (FMEG) company and a major power distribution equipment manufacturer with a strong global presence.

Shares of Havells India shed 0.04% to Rs 1,169.40 on the BSE.

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