Moneycontrol
Last Updated : Oct 23, 2017 02:31 PM IST | Source: CNBC-TV18

Havells India Q2 profit seen down at Rs 143 cr but revenue may increase 25%

EBITDA margin may improve quarter-on-quarter due to better product mix (higher revenue contribution from high-margin switchgear segment) and moderate price increase across segments.

Electrical equipment maker Havells India is expected to report profit at Rs 143 crore for July-September quarter against Rs 145 crore in same quarter last fiscal, but revenue may increase sharply by 25 percent to Rs 1,943 crore year-on-year.

According to average of estimates of analysts polled by CNBC-TV18, operating profit during the quarter is seen rising to Rs 215 crore compared with Rs 203 crore in year-ago quarter but margin may shrink 190 basis points to 11.1 percent YoY that may hit net profit.

Solid revenue growth may be led by Lloyd consolidation and price hike taken during the quarter.

EBITDA margin may improve quarter-on-quarter due to better product mix (higher revenue contribution from high-margin switchgear segment) and moderate price increase across segments.

Key things to watch out for would be Lloyd integration and GST impact.
First Published on Oct 23, 2017 12:18 pm
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