Havells India Q2 Revenue Rises 34.6%, Profit Up 9.7%

Havells India Limited reported strong revenue growth in Q2 FY27, driven primarily by its cables business. However, profit growth remained slower than revenue growth amid rising expenses and pressure on margins. Q2 FY27 Financial Performance: Revenue from Operations: ₹6,432 crore, up 34.6% YoY Net Profit: ₹349.22 crore, up 9.7% YoY Profit Before Tax: ₹472.62 crore, up 14% YoY Total Expenses: ₹5,992 crore, up approximately 34.5% YoY Segment-Wise Performance: Cables: Revenue rose 47.9% to ₹2,999 crore, supported by commodity-linked price increases and a shift towards higher-sized cables. Switchgears: Revenue increased 31.3% to ₹782 crore. Electrical Consumer Durables: Revenue grew 10.7% to ₹1,072 crore. Lighting & Fixtures: Revenue increased 7% to ₹449 crore. Renewables: Revenue more than doubled to ₹329 crore. Lloyd Consumer: Revenue grew 28.4% to ₹615 crore, but the segment continued to report losses. What Is Driving Growth? - Strong demand across cables, switchgears and consumer durables supported overall revenue. - Growth in the cables segment was particularly significant, reflecting demand from housing and power infrastructure. - However, higher expenses and volatility in raw material prices remain important factors for profitability. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.