{"id":134959,"date":"2022-10-20T03:04:17","date_gmt":"2022-10-20T07:04:17","guid":{"rendered":"https:\/\/44.250.171.167\/?p=134959"},"modified":"2022-10-20T03:04:19","modified_gmt":"2022-10-20T07:04:19","slug":"havells-reported-its-q2fy23-earnings-revenue-up-by-14","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/havells-reported-its-q2fy23-earnings-revenue-up-by-14\/","title":{"rendered":"Havells reported its Q2FY23 earnings &#8211; Revenue up by 14%"},"content":{"rendered":"\n<p>On Wednesday, the consumer electrical goods maker &#8211; Havells reported its earnings for the quarter ended September 30. The company reported a 38.15 per cent decline in its consolidated net profit to INR 187.01 crore as commodity inflation hit its margins. Meanwhile, Revenue from operations rose by 13.63 per cent to INR 3,679.49 crore during the period under review as against INR 3,238.04 crore in the corresponding period last fiscal.<\/p>\n\n\n\n<p>Its total expenses were at INR 3,471.57 crore, up 21.10 per cent during the second quarter of FY 2022-23 as against INR 2,866.54 crore. Havells India Chairman and Managing Director Anil Rai Gupta said: &#8220;Decent revenue growth considering the inflationary environment. Margins adversely impacted due to commodity cost fluctuation.&#8221; &#8220;We believe that margins have hit the trough and are expected to improve hereon. The demand outlook remains positive, he added.<\/p>\n\n\n\n<p>Revenue from the Switchgears segment was INR 487.90 crore and INR 1,359.39 crore from the cables segment. While revenue from lighting and fixtures in the second quarter of FY23 was at INR 401.75 crore. Its revenue from Electrical Consumer Durables was at INR 773.47 crore.<\/p>\n\n\n\n<p>Revenue from Lloyd Consumer, a company which Havells had acquired in 2017, was at INR 419.79 crore. Shares of Havells India Ltd on Wednesday settled at INR 1,248.35 a piece on BSE, down 0.69 per cent.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/c6b063aa-74ee-413f-a17e-0c174ed19a58-841x1024.png\" alt=\"\" class=\"wp-image-134960\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/c6b063aa-74ee-413f-a17e-0c174ed19a58-841x1024.png 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/c6b063aa-74ee-413f-a17e-0c174ed19a58-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/c6b063aa-74ee-413f-a17e-0c174ed19a58-768x935.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/c6b063aa-74ee-413f-a17e-0c174ed19a58-1261x1536.png 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/c6b063aa-74ee-413f-a17e-0c174ed19a58-1681x2048.png 1681w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, the consumer electrical goods maker &#8211; Havells reported its earnings for the quarter ended September 30. The company reported a 38.15 per cent decline in its consolidated net profit to INR 187.01 crore as commodity inflation hit its margins. Meanwhile, Revenue from operations rose by 13.63 per cent to INR 3,679.49 crore during [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,6351,392],"tags":[10487,8204,10486],"class_list":["post-134959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","category-earnings","tag-cables","tag-electrical-equipments","tag-switchgears"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":135007,"url":"https:\/\/alphastreet.com\/india\/tata-consumer-products-ltd-reported-its-q2fy23-earnings-net-profit-up-by-36\/","url_meta":{"origin":134959,"position":0},"title":"Tata Consumer Products Ltd reported its Q2FY23 earnings: Net profit up by 36%","author":"Chirag Gupta","date":"October 21, 2022","format":false,"excerpt":"On Thursday, Tata Consumer Product Ltd (TCPL) reported a 36.25 per cent rise in consolidated net profit at INR 389.43 crore for the second quarter. While, revenue from operations rose by 10.87 per cent to INR 3,363.05 crore during the quarter under review as against INR 3,033.12 crore in the\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140936,"url":"https:\/\/alphastreet.com\/india\/zydus-lifescience-net-profit-soars-by-23-in-q3fy23\/","url_meta":{"origin":134959,"position":1},"title":"Zydus lifescience net profit soars by 23% in Q3FY23","author":"Chirag Gupta","date":"February 10, 2023","format":false,"excerpt":"Zydus Lifesciences Ltd reported a 23 per cent rise in consolidated net profit at INR 631 crore for the third quarter ended December 31, 2022. The company had posted a consolidated net profit of INR 511 crore in the same period last fiscal, Zydus Lifesciences Ltd said in a regulatory\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":138767,"url":"https:\/\/alphastreet.com\/india\/havells-q3fy23-results-out-net-profit-declines-by-7-2\/","url_meta":{"origin":134959,"position":2},"title":"Havells Q3FY23 results out; Net Profit declines by 7.2%","author":"Chirag Gupta","date":"January 19, 2023","format":false,"excerpt":"Home appliance manufacturer Havells on Thursday reported net profit declined by 7.2 per cent to \u20b9283.54 crore for the December 2022 quarter. This is against a net profit of \u20b9305.92 crore in the year-ago period, Havells said in a regulatory filing. The revenue from operations of Havells grew by 12.8\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140022,"url":"https:\/\/alphastreet.com\/india\/zydus-lifesciences-q3fy23-net-profit-rises-by-23-revenue-soars-20\/","url_meta":{"origin":134959,"position":3},"title":"Zydus Lifesciences Q3FY23 net profit rises by 23%; Revenue soars 20%","author":"Chirag Gupta","date":"February 3, 2023","format":false,"excerpt":"Zydus Lifesciences Ltd reported a 23 per cent rise in consolidated net profit at INR 631 crore for the third quarter ended December 31, 2022. The company had posted a consolidated net profit of INR 511 crore in the same period last fiscal, Zydus Lifesciences Ltd said in a regulatory\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/33edfd75-01f5-4dce-afe1-d8884b831eec.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/33edfd75-01f5-4dce-afe1-d8884b831eec.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/33edfd75-01f5-4dce-afe1-d8884b831eec.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/33edfd75-01f5-4dce-afe1-d8884b831eec.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/33edfd75-01f5-4dce-afe1-d8884b831eec.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/33edfd75-01f5-4dce-afe1-d8884b831eec.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":139888,"url":"https:\/\/alphastreet.com\/india\/tata-consumers-net-profit-soars-by-26-in-its-q3fy23-earnings\/","url_meta":{"origin":134959,"position":4},"title":"Tata Consumer&#8217;s net profit soars by 26% in its Q3FY23 earnings","author":"Chirag Gupta","date":"February 2, 2023","format":false,"excerpt":"Tata Consumer Products Ltd (TCPL) on Thursday reported a 25.63 per cent increase in consolidated net profit at INR 364.43 crore for the quarter ended December. The company had posted a net profit of INR 290.07 crore for the October-September period a year ago, TCPL, earlier known as Tata Global\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/4c4ad392-ecc3-4b21-a850-0ba3e6d14098.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142393,"url":"https:\/\/alphastreet.com\/india\/zee-entertainment-posted-92-per-cent-fall-in-net-profit-in-q3fy23\/","url_meta":{"origin":134959,"position":5},"title":"Zee Entertainment posted 92 per cent fall in net profit in Q3FY23","author":"Chirag Gupta","date":"February 21, 2023","format":false,"excerpt":"Zee Entertainment Enterprises (ZEE) posted 92 percent fall in consolidated net profit at INR 24.3 crore for the October-December 2022 quarter, compared to INR 299 crore in the same period a year-ago. Meanwhile, its revenue from operations remained flat at around INR 2,111 crore, down 0.1 percent year-on-year, Zee reported\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=134959"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=134959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=134959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=134959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}