{"url":"https://newsforagent.com/news/2026-10-22/havells-india-q2-profit-revenue-rise","markdown_url":"https://newsforagent.com/news/2026-10-22/havells-india-q2-profit-revenue-rise.md","title":"Havells India Q2 profit rises 9.7% to Rs 349 crore","headline":"Havells India Q2 net profit rises 9.7% to Rs 349.22 crore as revenue jumps 34.6%","description":"Havells India's Q2FY27 net profit rose 9.7% to Rs 349.22 crore on revenue of Rs 6,431.99 crore, with cables and renewables leading growth and Lloyd still loss-making.","section":"Earnings & Results","published_at":"2026-10-22T10:07:56+00:00","modified_at":"2026-10-22T10:07:56+00:00","author":"News Desk","key_takeaways":["Havells India's Q2FY27 consolidated net profit rose 9.7% to Rs 349.22 crore, with revenue up 34.6% to Rs 6,431.99 crore.","Cables revenue rose 47.9% to Rs 2,998.90 crore, while the new renewables segment posted revenue of Rs 329.16 crore.","Lloyd Consumer revenue rose 28.5% to Rs 619.41 crore but the segment recorded a loss of Rs 105.51 crore."],"companies":[{"name":"Havells India","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0007dl3/havells-india","website":"http://www.havells.com"}],"source":{"publisher":"Financial Express","title":"Havells India Q2 results: Net profit rises 9.7% to Rs 349 crore, revenue jumps 34.6%","url":"https://www.financialexpress.com/business/industry-havells-india-q2-results-net-profit-rises-9-7-to-rs-349-crore-revenue-jumps-346-4366974/"},"other_sources":[{"publisher":"TradingView","url":"https://www.tradingview.com/news/urn:summary_document_report:quartr.com:3821010:0-havells-q2-revenue-and-profit-rose-yoy-but-h1-profit-fell-and-lloyd-consumer-stayed-loss-making/"}],"tags":["Earnings & Results","Havells India"],"body_markdown":"[Havells India](https://akta.pro/company-profiles/0007dl3/havells-india) reported a 9.7% rise in consolidated net profit to Rs 349.22 crore for the September quarter, with revenue from operations up 34.6% to Rs 6,431.99 crore, [Financial Express](https://www.financialexpress.com/business/industry-havells-india-q2-results-net-profit-rises-9-7-to-rs-349-crore-revenue-jumps-346-4366974/) reported on October 22, 2026. The prior-year quarter's profit was Rs 318.28 crore.\n\n## Havells India's Q2 Segment Results\n\nCables remained the largest segment, with revenue up 47.9% to Rs 2,998.90 crore and segment profit of Rs 304.26 crore against Rs 278.22 crore. Switchgears revenue grew 31.3% to Rs 781.74 crore, and segment profit rose to Rs 198.46 crore from Rs 132.81 crore. Electrical Consumer Durables revenue was Rs 1,072.11 crore, up 10.7%, with segment profit of Rs 66.95 crore.\n\nRenewables, a new reporting segment from April 1, 2026, posted revenue of Rs 329.16 crore against Rs 132.83 crore in the restated comparison, with segment profit of Rs 27.25 crore. Lloyd Consumer revenue rose 28.5% to Rs 619.41 crore, and the segment recorded a loss of Rs 105.51 crore, little changed from a loss of Rs 105.97 crore a year earlier. Lighting & Fixtures revenue was Rs 459.50 crore, up 7.3%, while segment profit eased to Rs 45.53 crore from Rs 54.57 crore.\n\nTotal expenses grew about 34.5% to Rs 5,991.98 crore, and the cost of raw materials and components consumed rose to Rs 3,447.25 crore from Rs 2,686.72 crore. Other income fell to Rs 32.61 crore from Rs 86.26 crore, a decline the filing attributes to a one-time gain of Rs 45.27 crore from the sale of land and building at the Faridabad facility in the year-ago quarter. [TradingView](https://www.tradingview.com/news/urn:summary_document_report:quartr.com:3821010:0-havells-q2-revenue-and-profit-rose-yoy-but-h1-profit-fell-and-lloyd-consumer-stayed-loss-making/) noted that H1 profit after tax declined and that cash from operations was negative but improved year-over-year.\n\n## Havells India's Half-Year Profit And Lloyd Loss\n\nFor the six months ended September 30, revenue from operations rose 26.5% to Rs 12,950.18 crore, while profit fell 4% to Rs 638.93 crore from Rs 665.81 crore. Earnings per share were Rs 10.20, against Rs 10.63 a year earlier. Q2 earnings per share came in at Rs 5.57, compared with Rs 5.09.\n\n## Havells India's Recent Company Moves\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Havells India appointed Ashish Dhawan and Shanti Ekambaram as Additional Independent Directors on June 19, 2026, replacing Upendra Kumar Sinha and Jalaj Ashwin Dani, who completed their second terms. The same records show a land allotment from YEIDA near Noida International Airport for an electronics manufacturing cluster, with Havells committing Rs 800 crore for a consumer goods production facility. Full year FY26 revenue ending March 2026 was Rs 22,527.77 crore, with consolidated net profit of Rs 1,690.56 crore.\n\n## Havells India's Earlier 2026 Events\n\nOn October 12, 2026, Havells India appointed Yudhishter Shringi as Executive Vice President and Strategic Business Unit Head, according to ScanX. HDFC Mutual Fund raised its stake in Havells India to 5.012% by acquiring 1,00,127 shares via open market on October 16, 2026, ScanX reported, up from 4.996% of paid-up equity capital. Business Standard reported on October 19, 2026 that analyst Sachin Gupta flagged Havells India as a potential trend reversal candidate based on weekly charts.\n\n## Havells India's Next Steps\n\nHavells India's renewables segment began reporting from April 1, 2026, and the YEIDA land allotment supports a consumer goods production facility near Noida International Airport.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}