Havells India Q2 Profit Rises
Havells India posted a nearly 10% rise in second-quarter profit as strong demand for cables and home appliances drove revenue up by 34.6%. Investments in housing and power networks supported sales despite lingering aluminium price volatility.
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Havells India posted a 9.7% rise in second-quarter profit on Thursday morning, driven by strong demand for cables and electrical equipment. The consumer electronics and power distribution equipment maker benefited from resilient consumption in India despite elevated inflation. Infrastructure-linked spending also bolstered performance across the company's core operating segments.
