Havells India share price slipped 9 percent on October 21

Havells India

Havells India share price slipped 9 percent on October 21, a day after the consumer electrical goods maker announced its September quarter results.

Havells India on Wednesday reported a 7.34 percent decline in its consolidated net profit at Rs 302.39 crore for the quarter ended on September 30, 2021 compared to Rs 326.36 crore in the year-ago quarter.

Its revenue from operations rose by 31.65 percent to Rs 3,238.04 crore during the period under review as against Rs 2,459.49 crore in the corresponding period of the last fiscal.

Havells total expenses were at Rs 2,866.54 crore, up 35.60 percent at Q2/FY 2021-22 as against Rs 2,113.92 crore.

News Source:- Moneycontrol

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