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Havells SHare Price News: Havells Surges Over 10%, Hits Record High After Profit Rises 75% In Q3


Havells Surges Over 10%, Hits Record High After Profit Rises 75% In Q3
Havells revenue from operations rose 39 per cent to Rs 3,165.85 crore from Rs 2,269.87 crore.
Updated: January 21, 2021 11:28 am IST
Shares of electrical products maker - Havells - rose as much as 11.75 per cent to hit record high of Rs 1,141 on the BSE after it reported December quarter earnings post market hours on Thursday. The Noida-based company s net profit in October-December period rose 75 per cent to Rs 349 crore compared to Rs 199 crore during the same quarter last year. Its revenue from operations rose 39 per cent to Rs 3,165.85 crore from Rs 2,269.87 crore.
The company during the quarter declared an interim dividend of Rs 3 per equity share of face value of Rs 1 each that is 300 per cent of the equity share capital of the company. ....

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Havells Q3 profit up 74.5% to Rs 350.14 cr, sales up 39.7% to Rs 3,175 cr


: Wednesday, January 20, 2021, 11:52 PM IST
Havells Q3 profit up 74.5% to Rs 350.14 cr, sales up 39.7% to Rs 3,175 cr
The company had posted a consolidated net profit of Rs 200.62 crore in the October-December quarter a year ago, Havells said in a regulatory filing.
Consumer electrical goods maker Havells India Ltd on Wednesday reported a 74.52 per cent jump in its consolidated net profit to Rs 350.14 crore for the third quarter ended on December 2020.
The company had posted a consolidated net profit of Rs 200.62 crore in the October-December quarter a year ago, Havells said in a regulatory filing.
Its revenue from operations was up 39.67 per cent to Rs 3,175.20 crore during the period under review as against Rs 2,273.29 crore in the corresponding period last fiscal, the company said. ....

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