Havells India Directed to Pay ₹4.8 Million Customs Duty During Strong March Sales Growth

Havells India Ltd, one of the major electrical equipment makers, has been ordered by the Additional Commissioner of Customs to recover ₹4.8 million in customs duty. In taking care of this regulatory issue, the company has also reported consistent sales growth during March 2025 over February 2025, which shows strong demand across its product portfolio.

 

Key Highlights:

Customs Duty Order:

The Additional Commissioner of Customs has directed Havells India to pay ₹4.8 million in customs duty. The direction is in relation to compliance issues concerning imported goods.

 

Havells India has assured stakeholders that it will abide by the directive and address the issue promptly while keeping all processes transparent.

 

March 2025 Sales Performance:

March Sales: Havells India logged sales of ₹1,250 crore, representing a 4% month-on-month (MoM) increase from ₹1,200 crore in February 2025. The uptick was powered by high demand for consumer electrical goods like air conditioners, fans, and lighting systems owing to pre-summer buying sentiments.

 

Segment Insights: The commercial and industrial electrical segments also contributed sizably to the growth, thanks to higher levels of infrastructure and real estate activity.

 

Leadership Insights:

We are dealing with the customs duty issue in complete compliance while keeping our eye on delivering good operational performance. Our steady sales growth testifies to good market demand and confidence by customers."

 

Outlook:

Havells India is hopeful of continuing its growth path in FY26, driven by good consumer demand and new product innovations.

Havells India's capacity to overcome regulatory issues while sustaining sales growth demonstrates its strength and leadership in the electrical equipment sector.

 

Sources: Economic Times, Business Standard; April 3, 2025