Varanasi, October 22, 2026: Havells India Limited reported an increase in net profit for the second quarter of FY27, supported by strong growth in revenue. The electrical equipment and consumer appliances manufacturer posted standalone net profit of ₹353 crore for the quarter ended September 30, 2026, up 11.4% from ₹317 crore in the corresponding quarter last year.
Revenue from operations increased 34.3% year-on-year to approximately ₹6,400 crore, compared with ₹4,767 crore in Q2 FY26. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to approximately ₹576 crore from ₹442 crore a year earlier.
Havells India Q2 Results : Key Financial Highlights
Standalone results
- Net profit: ₹353 crore, up 11.4% year-on-year from ₹317 crore.
- Revenue from operations: Approximately ₹6,400 crore, up 34.3% from ₹4,767 crore.
- EBITDA: Approximately ₹576 crore, up 30.3% from ₹442 crore.
- EBITDA margin: 8.98%, compared with 9.27% in Q2 FY26.
Note: These figures are standalone results. Consolidated figures may differ.
Revenue Growth Outpaces Profit Growth
Havells India recorded strong growth in revenue during Q2 FY27. Revenue from operations increased by approximately 34.3% year-on-year, indicating stronger sales during the quarter.
However, net profit grew at a slower pace of 11.4%. This difference between revenue and profit growth highlights the importance of monitoring operating costs, product mix and margins alongside sales.
EBITDA Increases, but Margins Decline
The company’s EBITDA increased approximately 30.3% year-on-year to ₹576 crore from ₹442 crore in Q2 FY26.
Despite the rise in operating earnings, the EBITDA margin declined to 8.98% from 9.27% a year earlier, a contraction of approximately 29 basis points.
This suggests that operating profitability did not increase at the same pace as revenue. Further details from the company’s results statement would be needed to identify the specific factors behind the margin movement.
What Should Investors Watch?
Investors tracking Havells India may focus on revenue growth, profitability, margins and performance across its electrical products and consumer appliances businesses.
The latest standalone figures show strong revenue growth alongside a more moderate increase in net profit. The decline in EBITDA margin is another factor to monitor in subsequent quarters.
Investors should also review the company’s complete financial statements and management commentary before drawing conclusions about its future performance.
Conclusion
Havells India reported standalone net profit of ₹353 crore in Q2 FY27, up 11.4% year-on-year, while revenue from operations rose approximately 34.3% to ₹6,400 crore. EBITDA increased to around ₹576 crore, although the EBITDA margin declined compared with the year-ago quarter.
The results reflect strong revenue growth, with operating margins remaining an important metric to watch.
Source: Havells India Limited’s Q2 FY27 financial results and exchange disclosures.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Investors should conduct their own research or consult a qualified financial adviser before making investment decisions.
Do you have a news tip for Lakshmishree reporters? Please email us at [email protected]
News Desk
