Havells' Q2 FY26 Revenue Rises 5.2%; Solar Investments Fuel Growth

Havells India Limited announced its unaudited standalone and consolidated financial results for Q2 FY26 and the half-year ended September 30, 2025. The company's standalone net revenue for Q2 FY26 grew by 5.2% year-over-year to INR 4,767 crores, while net profit increased by 16.5% to INR 317 crores. Consolidated results for the half-year showed a slight revenue decrease of (1.2)% to INR 10,204 crores, with net profit declining by (2.0)% to INR 670 crores.

A key highlight for the June 2025 quarter was a strategic minority investment of INR 600 crores in Goldi Solar Private Limited (Goldi) to accelerate growth in the renewable energy sector. Operational realignments included the relocation of the Faridabad switchgear facility to Sahibabad last year, resulting in the sale of land, building, and other assets during the current quarter, which generated INR 45.27 crores in other income.

Havells noted decent Q2 performance despite continued weakness in summer products, which impacted Electrical Consumer Durables and Lloyd Consumer margins. The company has provided an information update on these results, along with an audio recording of the earnings call accessible via its website.