Havells India stocks reach a new 52-week high as Q3 PAT climbs 75% YoY
Thu, Jan 21, 2021 10:10 AM

Havells India stocks reach a new 52-week high as Q3 PAT climbs 75% YoY

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Havells India Ltd registered sharply higher net profit at Rs349cr in Q3FY21 against Rs199cr in Q3FY20, a growth of 75% YoY. The company's revenue climbed 39% to Rs3,166cr from Rs2,270cr yoy. The enormous profit was on the back of strong growth in its top line, led by electrical consumer durables and switchgear business. The company stock touched a new 52-week high of Rs1085.85 on Thursday.

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