Revenue down 14% at Rs 893.18 crore Vs Rs 1,037.85 crore
Net profit down 35% at Rs 69.51 crore Vs Rs 105.41 crore
Ebitda down 15% at Rs 212.27 crore Vs Rs 250.54 crore
Margin at 23.77% Vs 24.14%
Opened 29 new stores despite on-ground disruption caused by second-wave of Covid-19
Havells India Q1FY22 (Consolidated, QoQ)
Revenue down 22% at Rs 2,609.97 crore Vs Rs 3,339.21 crore
Net profit down 22% at Rs 235.78 crore Vs Rs 303.83 crore
Ebitda down 30% at Rs 355.31 crore Vs Rs 508.18 crore
Margin at 13.6% Vs 15.2%
Net cash at Rs 1,278 crore Vs Rs 1,438 crore
Total debt at Rs 484 crore Vs Rs 493 crore
Demand scenario remains resilient though there are local disruptions owing to lockdowns or scattered market timings
Stocks To Watch: Bharti Airtel, Adani Ports, Bajaj Finserv, Wipro, HUL, Bajaj Auto, Ultratech Cement
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Bajaj Hindusthan Sugar Ltd allots 14 38 crore shares at Rs 13 28 per share
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Board of Bajaj Hindusthan Sugar allots 14 38 cr equity shares on conversion of loans
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Board of Bajaj Hindusthan approves issuance of 14 38 cr equity shares on conversion of loans
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