Havells India Q1 Results: Mixed Signals Amid Revenue Growth

📊 Strong Topline Growth - Q1 revenue rose to ₹65.18 Cr, up from ₹54.55 Cr YoY, surpassing estimates of ₹64.3 Cr. ⚡ Profitability Challenges - Consolidated net profit declined to ₹2.9 Cr from ₹3.48 Cr YoY, missing the ₹4.3 Cr estimate. - EBITDA dropped to ₹4.7 Cr vs ₹5.16 Cr YoY, below the expected ₹6.3 Cr. 🔍 Margin Pressure - EBITDA margin compressed to 7.15% from 9.46% YoY, falling short of the 9.8% forecast. - While revenue momentum remains strong, margin contraction and profit dip highlight cost or operational pressures. - Investors should watch for management commentary on margin recovery and cost control strategies.