⚡ Havells India Q2 FY2025-26 Results: Net Profit ₹318.3 Cr, Revenue Up 5.28% | Detailed Financial Analysis & Management Guidance
📊 Havells India Q2 FY2025-26 Financial Summary
| Particulars | Q2 FY2025-26 | Q1 FY2025-26 | Q2 FY2024-25 |
|---|---|---|---|
| Net Profit (PAT) | ₹318.3 Cr | ₹347.7 Cr | ₹267.8 Cr |
| Revenue from Operations | ₹4,779.3 Cr | ₹5,455.4 Cr | ₹4,539.3 Cr |
| Total Income | ₹4,865.6 Cr | ₹5,524.5 Cr | ₹4,622.0 Cr |
| Total Expenses | ₹4,455.8 Cr | ₹5,054.8 Cr | ₹4,258.9 Cr |
Source: Economic Times, Business Standard
🔍 Havells India Q2 FY2025-26 Detailed Financial Analysis
📈 Profit Growth YoY
Havells India posted a net profit of ₹318.3 crore, an 18.9% increase YoY from ₹267.8 crore in Q2 FY2024-25. Sequentially, profit declined 8.5% from Q1 FY2025-26 due to seasonal demand fluctuations and higher expenses.
💰 Revenue Analysis
Revenue from operations rose 5.28% YoY to ₹4,779.3 crore. QoQ revenue declined 12.39% from ₹5,455.4 crore in Q1 FY2025-26, reflecting seasonal variations in consumer demand.
📊 Segment-Wise Performance
Cooling Products: Lower demand for fans and air coolers due to a shorter summer season.
Cables & Wires: Stable demand, supporting overall revenue growth.
Lloyd Consumer: Impacted by weak summer sales, affecting segment contribution.
📉 Expense Trends
Total expenses increased 4.37% YoY to ₹4,455.8 crore, driven by higher input costs and marketing spend to support brand initiatives.
🧭 Management Guidance FY2025-26
Havells India management outlined strategic priorities:
Cost Optimization: Improving operational efficiency and reducing overheads.
Product Innovation: Investment in R&D for energy-efficient and smart products.
Market Expansion: Strengthening presence in underpenetrated markets and exploring export opportunities.
Management highlighted that while demand typically strengthens in H2, macroeconomic factors remain under observation for their potential impact on consumer spending.
✅ Conclusion
Havells India Q2 FY2025-26 results demonstrate strong YoY profit growth despite seasonal challenges. With a clear focus on cost efficiency, product innovation, and market expansion, the company is well-positioned for sustained growth in the coming quarters.

