Havells India has reported a 14.3% decrease in its consolidated net profit, which stood at Rs 352.34 crore for the April-June quarter of 2025-26. This decline was attributed to a sluggish summer season and weak consumer demand. In comparison, the company posted a net profit of Rs 411.18 crore during the same period last year, according to a filing with the stock exchanges.
The company’s revenue from operations fell by 6.21% to Rs 5,437.81 crore in Q1, down from Rs 5,798.11 crore in the previous year’s June quarter. Total expenses were reduced by 5.45% to Rs 5,032.31 crore, while total income, including other income, decreased by 6.26% to Rs 5,506.87 crore. The company attributed the downturn to a “tepid summer” this year, which significantly impacted the demand for cooling products, unlike the robust season last year. Despite this, industrial and infrastructure demand showed continued growth.
Havells pointed out that the subdued consumer demand was offset by their focus on cost control, which helped manage the rise in expenses and mitigate the revenue drop’s impact on profitability. The company also emphasized that its cost discipline strategy enabled modest growth in expenses during the quarter.
Havells India Limited is a leading Fast-Moving Electrical Goods (FMEG) company and a major power distribution equipment manufacturer with a strong presence in both domestic and international markets. Established in 1958, Havells has built a reputation for innovation, quality, and customer satisfaction. The company offers a diverse product portfolio that includes cables and wires, switches, circuit protection devices, lighting solutions, fans, home appliances, air conditioners, and water heaters, among others.
Headquartered in Noida, Havells operates numerous state-of-the-art manufacturing facilities across India, including major plants in Alwar, Haridwar, Neemrana, and Baddi. It also boasts an extensive distribution network and a robust after-sales service infrastructure, making it one of the most trusted brands in the Indian electrical goods market.
Havells places a strong emphasis on sustainability and technological advancement. Its products often incorporate energy-efficient and eco-friendly designs to support the growing demand for green solutions. The company also invests heavily in R&D to stay ahead in a competitive industry. Through its customer-centric approach, strong brand equity, and commitment to quality, Havells has consistently maintained its leadership position and continues to play a pivotal role in powering India’s residential, commercial, and industrial sectors.
