Havells India gains on reporting marginal rise in Q1 consolidated net profit
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Havells India is currently trading at Rs. 1235.00, up by 11.65 points or 0.95% from its previous closing of Rs. 1223.35 on the BSE.
The scrip opened at Rs. 1200.15 and has touched a high and low of Rs. 1240.95 and Rs. 1197.35 respectively. So far 47898 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1503.70 on 18-Oct-2021 and a 52 week low of Rs. 1037.80 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 1276.00 and Rs. 1197.35 respectively. The current market cap of the company is Rs. 76928.92 crore.
The promoters holding in the company stood at 59.45%, while Institutions and Non-Institutions held 32.15% and 8.39% respectively.
Havells India has reported marginal rise of 3.47% in its net profit at Rs 242.43 crore for the quarter ended June 30, 2022 as compared to Rs 234.30 crore for the same quarter in the previous year. Total income of the company increased by 62.48% at Rs 4,277.12 crore for Q1FY23 as compared Rs 2,632.39 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a marginal rise of 3.13% in its net profit at Rs 243.16 crore for the quarter ended June 30, 2022 as compared to Rs 235.78 crore for the same quarter in the previous year. Total income of the company increased by 62.32% at Rs 4,292.05 crore for Q1FY23 as compared Rs 2,644.17 crore for the corresponding quarter previous year.
