Havells India Shares to Trade Ex-Date on January 22: Interim Dividend of ₹4

On January 22, 2025, Havells India shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹4 interim dividend. On January 16, 2025, Havells announced an interim dividend of ₹4.

Havells India Dividend History

Havells India Q3FY25 Segment Performance

Havells India’s performance in Q3 FY25 showed strong growth in its domestic switchgear segment, driven by the real estate and project businesses, although industrial switchgear (IP) remained subdued. The power cables segment saw robust growth, with contributions from the Tumkur plant, which, despite being in the ramp-up phase, started to drive expansion.

However, the softness in copper prices during the quarter led to channel destocking in the wires business, impacting overall revenues. The lighting segment experienced decent volume growth, though revenues were still affected by ongoing LED price deflation. The ‘others’ segment maintained its growth momentum, while Lloyd had a stable quarter.

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