Stock Market

New Delhi, Jan 22 () Electrical goods maker Havells India Tuesday reported a 0.67 per cent rise in standalone net profit at Rs 195.67 crore for quarter ended December 2018.
The company had posted a net profit of Rs 194.36 crore during October-December quarter of previous fiscal.
Total income during quarter under review stood at Rs 2,551.4 crore as against Rs 1,993.53 crore in year-ago period, Havells India said in a regulatory filing.
Revenue from switchgear division was Rs 416.2 crore as against Rs 344.3 crore in third quarter of financial year 2017-18.
The cable division revenue grew to Rs 820.3 crore as compared to Rs 625.6 crore in year-ago period.
Revenue from lighting and fixtures division was Rs 369.51 crore as against Rs 287.10 crore in same period last year.
The electrical consumer durables revenue grew to Rs 555.2 crore as compared to Rs 415.8 crore, company said.
The company's stock was trading 4.68 per cent up at Rs 709.60 apiece on BSE.





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