Havells India tumbles on reporting 13% fall in Q3 consolidated net profit
Havells India is currently trading at Rs. 1244.00, down by 66.20 points or 5.05% from its previous closing of Rs. 1310.20 on the BSE.
The scrip opened at Rs. 1277.00 and has touched a high and low of Rs. 1305.35 and Rs. 1232.15 respectively. So far 76715 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. 958.35 on 21-Jun-2021.
Last one week high and low of the scrip stood at Rs. 1355.65 and Rs. 1232.15 respectively. The current market cap of the company is Rs. 77558.24 crore.
The promoters holding in the company stood at 59.47%, while Institutions and Non-Institutions held 32.87% and 7.67% respectively.
Havells India has reported a fall of 12.38% in its net profit at Rs 305.92 crore for the quarter ended December 31, 2021 as compared to Rs 349.13 crore for the same quarter in the previous year. However, total income of the company increased by 15.48% at Rs 3,701.05 crore for Q3FY22 as compared Rs 3,205.02 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 12.66% in its net profit at Rs 305.82 crore for the quarter ended December 31, 2021 as compared to Rs 350.14 crore for the same quarter in the previous year. However, total income of the company increased by 15.52% at Rs 3,713.05 crore for Q3FY22 as compared Rs 3,214.24 crore for the corresponding quarter previous year.