Havells India Ltd’ consolidated net profit dips 11% to Rs 177.73 cr for Q4FY20
New Delhi: Havells India Ltd’ consolidated net profit dipped about 11 percent to Rs 177.73 crore for the fourth quarter of 2019-20 fiscal as against Rs 199.01 crore in the corresponding period of the previous financial year. The revenue from operations of the company declined about 20 percent to Rs 2,217.44 crore for the fourth quarter of the last fiscal as against Rs 2,754.77 crore in the same period of the previous fiscal.
For the entire fiscal 2019-20, the consolidated net profit of the company dropped about 6 percent to Rs 735.35 crore as compared to a consolidated net profit of Rs 787.61 crore in the previous fiscal. The revenue from operations for the entire fiscal 2019-20 declined around 6 percent to Rs 9,440.26 7 crore as against Rs 10,073.43 crore in the previous fiscal, the company said in a regulatory filing.