Havells India Limited Reports Q1 FY2026-27 Financial Results

Havells India Limited Reports Q1 FY2026-27 Financial Results​

Havells India Limited has released its standalone and consolidated financial results for the first quarter ended June 30, 2026. The company reported a profit for the period of Rs. 298.43 crores on a standalone basis, while the consolidated profit stood at Rs. 289.71 crores.

Standalone Financial Performance​

For the quarter ended June 30, 2026, Havells India Limited recorded a revenue from operations of Rs. 6,509.97 crores. The total income for the period reached Rs. 6,564.10 crores, which includes other income of Rs. 54.13 crores.

The company's expenses for the quarter totaled Rs. 6,163.09 crores. This included:

• Cost of raw materials and components consumed: Rs. 4,023.54 crores
• Purchases of traded goods: Rs. 960.51 crores
• Employee benefits expense: Rs. 524.37 crores
• Depreciation and amortisation expense: Rs. 119.82 crores

The standalone profit before tax was Rs. 401.01 crores. After accounting for a total tax expense of Rs. 102.58 crores, the net profit for the period was Rs. 298.43 crores. The company reported a basic earnings per share (EPS) of Rs. 4.76.

Consolidated Financial Performance​

On a consolidated basis, the company reported revenue from operations of Rs. 6,518.19 crores for the June quarter. Total income reached Rs. 6,572.35 crores, with other income contributing Rs. 54.16 crores.

Total expenses for the consolidated entity were Rs. 6,180.06 crores. The profit before tax was recorded at Rs. 392.29 crores. After a total tax expense of Rs. 102.58 crores, the consolidated profit for the period was Rs. 289.71 crores. The diluted earnings per share (EPS) for the quarter was Rs. 4.62.

Consolidated Financial Summary​

Segmental Performance and Operational Updates​

The company has revised its reportable segments effective April 1, 2026. A new segment, "Renewables," was introduced, incorporating Solar, Solar Pump, and EVSE businesses from the 'Others' and 'Switchgears' categories. Additionally, Water Purifier and Personal Grooming businesses were reclassified to the 'Electrical Consumer Durables' segment.

Segmental revenue for the quarter ended June 30, 2026, highlights include:

• Cables: Rs. 2,455.62 crores
• Lloyd Consumer: Rs. 1,457.44 crores
• Electrical Consumer Durables: Rs. 1,113.07 crores
• Switchgears: Rs. 607.68 crores

The "Renewables" segment reported a revenue of Rs. 314.34 crores and a profit of Rs. 8.35 crores for the period.

Share Allotments and Exceptional Items​

During the quarter, the company allotted a total of 304,809 equity shares of Rs. 1/- each to eligible employees under various Employees Stock Purchase plans:

• Havells Employees Stock Purchase plan 2014: 1,14,191 shares
• Havells Employees Stock Purchase plan 2015: 1,50,000 shares
• Havells Employees Stock Purchase plan 2016: 40,619 shares

The company also noted that an incremental liability of approximately Rs. 45.03 crores was disclosed as an Exceptional Item in the financial year 2025-26 following a reassessment of employee benefit obligations under new labor codes.

HAVELLS Stock Price Movement​

Shares of Havells India Limited are edging higher to ₹1171.6 as of 2:22 PM today, gaining 0.09% in live trading. The stock is seeing steady movement with a total volume of 1.29 million shares exchanged during the session.