Havells India Ltd has been in focus on Monday. On January 20, 2025, Havells share price opened at ₹1,600.00, up from its previous close of ₹1,574.20. At 11:12 AM, the share price of Havells India was trading at ₹1,592.70, up by 1.18% on the NSE. As of the same time, the stock touched its day’s high at ₹1,624.95.
In Q3 FY25, the company reported a net revenue of ₹4,883 crores, marking an 11.0% year-on-year (YoY) growth compared to ₹4,401 crores in Q3 FY24.
EBITDA for the quarter stood at ₹432 crores, slightly down by 0.2% compared to ₹433 crores in the same quarter last year. However, the company’s EBITDA showed an improvement of ₹52 crores when compared to the ₹380 crores recorded in Q2 FY25.
Net profit for Q3 FY25 was ₹283 crores, down by 1.7% YoY from ₹288 crores in Q3 FY24. However, the company’s net profit grew by ₹10 crores from ₹273 crores in the previous quarter (Q2 FY25).
The Board of Directors has declared an interim dividend of ₹4.00 per equity share of Rs. 1 each, representing a 400% dividend on the company’s equity share capital. This dividend will be payable to all shareholders whose names appear in the Register of Members as of the record date, January 22, 2025. A separate notification regarding this has already been sent to the exchanges on January 10, 2025. The dividend will be paid or dispatched to shareholders within 30 days from the declaration date, i.e., by February 14, 2025.
Havells India Limited is a popular company in the Fast Moving Electrical Goods (FMEG) sector and a key manufacturer of power distribution equipment, with a significant global presence. The company holds a strong market position across a diverse range of products, including industrial and domestic circuit protection devices, cables and wires, motors, fans and more.
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Published on: Jan 20, 2025, 11:29 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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