Havells India Faces Profit Dip Amid Tepid Summer and Muted Demand

Havells India reported a 14.3% drop in net profit for the April-June quarter of 2025-26, with consolidated net profit at Rs 352.34 crore. Revenue fell 6.21% due to weak summer and subdued consumer demand. Despite challenges, Havells remains optimistic about growth in future quarters.

Havells India, a leading consumer electrical goods manufacturer, reported a significant dip in its financial performance for the April-June quarter of 2025-26.

The company registered a 14.3% decline in consolidated net profit, standing at Rs 352.34 crore. Revenue from operations also saw a decrease of 6.21% to Rs 5,437.81 crore.

This downturn is attributed to an unexpectedly weak summer and subdued consumer demand, impacting the cooling products segment. However, the company remains hopeful, anticipating revenue and margin improvements in forthcoming quarters.

(With inputs from agencies.)