Havells India Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Havells India Ltd reported a 6.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 10.8%.
- Its expenses for the quarter were up by 7.8% QoQ and 12.3% YoY.
- The net profit increased 3.8% QoQ and decreased 3.5% YoY.
- The earnings per share (EPS) of Havells India Ltd stood at 4.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4953.31 | 4632.20 | 4469.75 | 6.9% | 10.8% |
Total Expenses | 4573.16 | 4240.82 | 4071.79 | 7.8% | 12.3% |
Profit Before Tax | 377.34 | 363.26 | 390.73 | 3.9% | -3.4% |
Tax | 99.38 | 95.49 | 102.82 | 4.1% | -3.3% |
Profit After Tax | 277.96 | 267.77 | 287.91 | 3.8% | -3.5% |
Earnings Per Share | 4.40 | 4.30 | 4.60 | 2.3% | -4.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Havells India Ltd is a prominent electrical equipment company based in India. The company is known for its comprehensive range of products, including industrial and domestic circuit protection devices, cables and wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters, and power capacitors for industrial and domestic applications. Havells has established a strong presence in the electrical industry, offering solutions for both residential and commercial sectors. The company operates in a competitive market and is continuously engaged in expanding its product lines and enhancing its operational capabilities. Recent developments related to the company are not explicitly available in the provided data but typically involve product innovation and market expansion initiatives.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Havells India Ltd reported a total income of ₹4953.31 crores. This represents a 6.9% increase from the previous quarter (Q2FY25), where the total income was ₹4632.20 crores. When compared to the same quarter in the previous year (Q3FY24), the total income increased by 10.8%, rising from ₹4469.75 crores. This quarter-over-quarter and year-over-year growth in total income indicates a positive trend in revenue generation for Havells India Ltd during the specified periods.
Profitability
For Q3FY25, Havells India Ltd recorded a profit before tax of ₹377.34 crores, reflecting a 3.9% increase from Q2FY25's profit before tax of ₹363.26 crores. However, when compared to Q3FY24, there was a 3.4% decrease from ₹390.73 crores. The company incurred a tax expense of ₹99.38 crores in Q3FY25, marking a slight increase of 4.1% from the previous quarter. The profit after tax was ₹277.96 crores, up by 3.8% from Q2FY25 but down by 3.5% from Q3FY24. Earnings per share for Q3FY25 stood at ₹4.40, showing an increase of 2.3% quarter-over-quarter but a decrease of 4.3% year-over-year. These figures reflect the company's profitability dynamics over the periods mentioned.
Operating Metrics
Havells India Ltd's total expenses for Q3FY25 amounted to ₹4573.16 crores, which is a 7.8% increase from Q2FY25's total expenses of ₹4240.82 crores and a 12.3% increase from the same quarter in the previous year. The increase in expenses aligns with the growth in total income, suggesting an expansion in operational activities. The company's operating metrics indicate a trend of rising costs alongside revenue growth, which is typical in scenarios of business expansion or increased production activities. Specific key financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio are not provided in the data, limiting the ability to analyze these metrics further.
