Havells India Q2 Profit Up 14% YoY; Robust Revenue at ₹47.79 Billion

Image Source : Indian Retailer

Havells India reported a consolidated net profit of ₹3.19 billion for the September quarter, up 14% year-on-year, with operational revenue climbing to ₹47.79 billion. The consumer electrical giant maintained steady momentum across core verticals, reflecting resilient demand for appliances, premium lighting, and electrical solutions amid competitive market dynamics.

Havells India Q2 Earnings: Strong Growth Across Segments

Havells India Ltd, the consumer electricals major, recorded a solid financial performance for the September quarter (Q2 FY26), underscoring continued growth in residential and institutional demand. The company’s diverse product portfolio spanning switches, cables, appliances, lighting, and fans contributed to sustained revenue expansion even as input cost pressures moderated.

Financial Performance Overview

Havells India posted a consolidated revenue from operations of ₹47.79 billion in Q2, marking an impressive year-on-year increase driven by higher volume sales and improved realization in the appliances and premium lighting categories. The consolidated net profit reached ₹3.19 billion—a robust 14% YoY jump that highlights ongoing strength in core business operations.

Management attributed the profit growth to enhanced product mix, strategic cost controls, and continued penetration into emerging markets. The quarter saw competitive launches and branding initiatives, helping the company retain leadership in key consumer segments.

Notable Updates

Product innovation: Havells focused on smart and energy-efficient products, launching new ranges to capture evolving market trends in home and commercial automation.

Distribution strength: Extended its reach in Tier II and Tier III cities through expanded dealer networks and service points.

Margin stability: Steady operating margins were supported by prudent cost management and favorable input price trends.

Brand investments: Strong advertising push and targeted marketing campaigns contributed to brand recall among premium consumer segments.

Segment growth: Cables, switches, and lighting posted notable sales growth as infrastructure upgrades fueled institutional demand.

Export momentum: Exports saw an uptick, helping offset challenges in certain domestic sub-segments.

Major Takeaways

Havells India’s Q2 results affirm its position as a resilient market leader, geared to benefit from urbanization, rising consumer aspirations, and infrastructure-led demand. With steady expansion in both urban and rural markets, the company is well-placed for further growth through innovation, diversification, and operational excellence.

Source: BSE Corporate Announcements, Company Financial Releases, Havells India Investor Presentation.