Havells India Q4 Profit Jumps 16% YoY on Strong Cables, Lloyd Performance

Havells India, a leading home appliances and electrical equipment company based in Noida, reported a 16% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY 2024-25. The profit rose to ₹518 crore, compared to ₹446 crore in the same period a year earlier.

The company’s revenue for the quarter grew by 20% YoY to ₹6,543 crore, up from ₹5,442 crore in the corresponding quarter of the previous year.

Stable Margins with Improved Operating Performance

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased 19.3% on a YoY basis to ₹757 crore during the quarter. However, the EBITDA margin remained flat at 11.6%, indicating consistent operational efficiency.

Strong Segment-Wise Performance

Havells saw robust performance across most of its key business segments:

• Switchgears: 

Revenue rose to ₹692 crore from ₹651 crore in Q4 of the previous fiscal.

• Cables: 

Revenue stood at ₹2,169 crore, up from ₹1,789 crore.

• Lighting & Fixtures: 

This segment posted ₹441 crore in revenue, slightly higher than ₹435 crore last year.

• Electrical Consumer Durables: 

Revenue increased to ₹997 crore from ₹910 crore.

• Lloyd Consumer: 

Witnessed significant growth with revenue rising to ₹1,873 crore, compared to ₹1,345 crore in the year-ago quarter.

Declares Dividend of ₹6/Share

The Board of Directors has recommended a final dividend of ₹6 per equity share for 2024-25. This is in addition to the interim dividend of ₹4 per share declared earlier in the same fiscal year.

The final dividend will be paid to eligible shareholders within 30 days of the Annual General Meeting (AGM).

Stock Performance

On Tuesday, April 22, 2025, Havells India share price closed 1.38% higher at ₹1,669.90 on the stock exchange. Despite the positive quarterly performance, the stock remains down year-to-date.

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