Shares of Havells India settled 4.35 percent greater at Rs 1,151.45 apiece on the BSE.Share Price of Havells India gained around 5 percent on Thursday, July 22, a day after the business revealed its April-June quarter outcomes for the fiscal year 2021-22.
On Thursday, Havells India opened on the BSE at Rs 1,150, swinging to an intra day high of Rs 1,184 and an intra day low of Rs 1,125.50, throughout the trading session today.
The customer electrical goods maker reported a net profit of Rs 235.78 crore on a consolidated basis in the first quarter of the current fiscal, according to a regulative filing by the firm to the stock exchanges.The business's net revenue in the June quarter leapt practically four times or 268 percent, as its net profit stood at Rs 63.98 crore in the matching quarter in 2015.
Havells India's profits from operations in the June quarter stood at Rs 2,609.97 crore, compared to Rs 1,483.40 crore in the same quarter last year, marking a growth of 75.95 percent on a year-on-year basis.The company's overall income for the April-June quarter stood at Rs 2,644.17 crore, compared to Rs 1,515.56 crore in the year-ago duration.
Havell's total expenditures were Rs 2,327.2 crore, compared to Rs 1,428.93 crore, marking a boost of 62.86 per cent year-on-year.
On the NSE, Havells India opened at Rs 1,142, signing up an intra day high of Rs 1,184 and an intra day low of Rs 1,125.50, throughout the session.
Its shares settled 4.21 percent higher at Rs 1,150.05 on the NSE.Shares of Havells India settled 4.35 percent higher at Rs 1,151.45 apiece on the BSE.