Havells India is slated to announce its first quarter results of FY12 today. Electrical products manufacturer is likely to report a consolidated profit after tax of Rs 63 crore in Q1FY12, a growth of 18% over Rs 53.33 crore in the corresponding quarter last fiscal.
Total income is seen going up 13% to Rs 811.52 crore from Rs 717.70 crore year-on-year. EBITDA too is expected to go up 15% to Rs 92.07 crore versus Rs 80.18 crore year-on-year.
Operating profit margin of Havells is likely to grow to 11.35% in Q1FY12 against 11.17% in the year ago period.
Expectations
Expect ECD & Lighting segment to report healthy revenue growth
For Sylvania ((a subsidiary of Havells)), progress in operational performance would be key monitorable
Domestic business expected to continue with strong growth momentum
Effect of higher inflation on sales to be watched out for
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
