Havells India Q4 FY25: 20% Revenue Growth, Margins Dip Slightly
Havells India wrapped up FY25 with a robust Q4, reporting a 20.2% YoY revenue growth to Rs 6,543.6 crore, driven by strong demand for large appliances and cables.
The Wires & Cables segment grew 21.2%, with cables outperforming wires, while Lloyd’s revenue surged 39.6% due to summer demand.
Net profit rose 15.7% to Rs 517 crore.
However, margins dipped by 10 basis points to 11.6%, impacted by raw material volatility and a weaker product mix.
Havells also invested Rs 600 crore in Goldi Solar for a 9.24% stake to bolster its renewable energy presence.
Read More at Moneycontrol
