Havells India Q4 Results Live : profit rise by 24.76% YOY
Havells India Q4 Results Live : Revenue increased by 11.99% YoY & profit increased by 24.76% YoY
Havells India Q4 Results Live : Havells India declared their Q4 results on 30 Apr, 2024, with the top line showing an increase of 11.99% and the profit rising by 24.76% YoY.
Comparing to the previous quarter, the revenue grew by an impressive 23.29% and the profit surged by 55.15%.
The Selling, general & administrative expenses witnessed a slight decline of 0.35% q-o-q but marked an increase of 26.26% Y-o-Y.
Operating income saw a significant rise of 56.86% q-o-q and a solid increase of 20.35% Y-o-Y.
The EPS for Q4 stood at ₹7.18, reflecting a growth of 21.53% Y-o-Y.
As of 02 May, 2024, out of 36 analysts covering the company, 1 analyst rated it as Strong Sell, 4 analysts as Sell, 12 analysts as Hold, 14 analysts as Buy, and 5 analysts as Strong Buy.
The consensus recommendation as on 02 May, 2024, was to Buy.
Havells India Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 5442.02 | 4413.86 | +23.29% | 4859.21 | +11.99% |
| Selling/ General/ Admin Expenses Total | 552.27 | 554.19 | -0.35% | 437.4 | +26.26% |
| Depreciation/ Amortization | 93.37 | 87.66 | +6.51% | 77.42 | +20.6% |
| Total Operating Expense | 4900.79 | 4068.82 | +20.45% | 4409.48 | +11.14% |
| Operating Income | 541.23 | 345.04 | +56.86% | 449.73 | +20.35% |
| Net Income Before Taxes | 599.27 | 390.73 | +53.37% | 486.69 | +23.13% |
| Net Income | 446.7 | 287.91 | +55.15% | 358.04 | +24.76% |
| Diluted Normalized EPS | 7.18 | 4.67 | +53.5% | 5.9 | +21.53% |
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