Havells India Q2 profit remains flat at Rs.120.72 crore

New Delhi, Nov 9 (IANS) Electrical goods and appliances manufacturer Havells India on Monday said it posted a net profit of Rs.120.72 crore for the second quarter of 2015-16 against a profit of Rs.119.61 crore in the same period last year.

Net profit increased by 0.92 percent on a quarter-on-quarter basis.

According to the unaudited standalone financial results posted on the Bombay Stock Exchange (BSE), the company’s total income from operations declined to Rs.1,349.82 crore from Rs.1,365.09 crore in Q2 2014 – 15.

Havells India incurred a total expenditure of Rs.1,186.33 crore in Q2 2015-16 against Rs.1,204.25 crore in the year ago quarter.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here