Havells India reports flat half-year profit despite strategic investment
Havells India Limited reported a standalone profit before tax of ₹888.35 crores for the half-year ended September 30, 2025, on a total income of ₹10,359.76 crores. This compares to a profit before tax of ₹920.75 crores on a total income of ₹10,500.89 crores for the same period last year. The standalone profit for the period stood at ₹669.82 crores.
For the consolidated results, the company posted a profit before tax of ₹884.34 crores for the half-year, with a total income reaching ₹10,390.12 crores. The consolidated profit for the period was ₹665.81 crores, a slight decrease from ₹675.28 crores in the prior year's half-year period.
Notably, the company made a strategic minority investment of ₹600 crores in Goldi Solar Private Limited during the June 2025 quarter to accelerate growth in the renewable energy sector. Additionally, a profit of ₹45.27 crores from the sale of land and building from its relocated Faridabad switchgears facility was recognized as other income in the current quarter.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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