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HAHAVELLS

Havells India Q1 FY26 results (Apr–Jun 2025) and concall

Consumer Durables · Concall AI · Call held 21 Jul 2025

Havells India experienced a challenging Q1 FY26 due to weak summer demand impacting cooling products and ECDs, leading to high inventory levels for Lloyd. However, the Cables & Wires segment delivered robust growth, supported by infrastructure demand and significant CAPEX. The company also made a strategic investment in Goldi Solar to boost its renewable energy presence. Management views Q1 challenges as transitory and expects revenue and margin improvements in upcoming quarters, driven by operational efficiencies and continued investment in high-growth areas like cables and solar.

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What they filed

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26
Revenue4,889 6,544 5,455
EBITDA426 757 516
Net profit278 517 348
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.