Havells India shares advance 2% post Q2 results

INSUBCONTINENT EXCLUSIVE:
Shares of Havells India gained over 2 per cent in afternoon trade on Friday after the company on Wednesday reported a 4.44 per cent rise in
standalone net profit at Rs 178.62 crore for the second quarter ended September 30, 2018. The consumer electrical goods maker had posted Rs
171.02 crore profit for the same period a year ago
Standalone revenue from operations stood at Rs 2,190.99 crore against Rs 1,777.36 crore in September quarter 2017. HDFC Securities said
At 12.30 pm on Friday, the scrip traded 2.09 per cent higher at Rs 598, while the benchmark BSE Sensex was down 409 points, or 1.18 per
cent, at 34,370.