Moneycontrol PRO
HomeNewsBusinessHavells India Q3 PAT may dip 25.5% YoY to Rs 227.1 cr: Nirmal Bang

Havells India Q3 PAT may dip 25.5% YoY to Rs 227.1 cr: Nirmal Bang

Net Sales are expected to increase by 10.5 percent Y-o-Y (up 10 percent Q-o-Q) to Rs 4,035.7 crore, according to Nirmal Bang.

January 19, 2023 / 17:07 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Nirmal Bang has come out with its third quarter (October-December’ 23) earnings estimates for the CONSUMER ELECTRICALS sector. The brokerage house expects Havells India to report net profit at Rs 227.1 crore down 25.5% year-on-year (up 22.1% quarter-on-quarter).

    Net Sales are expected to increase by 10.5 percent Y-o-Y (up 10 percent Q-o-Q) to Rs 4,035.7 crore, according to Nirmal Bang.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 22.1 percent Y-o-Y (up 19.5 percent Q-o-Q) to Rs 343 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Nirmal_Capital Goods and Consumer

    Broker Research
    first published: Jan 19, 2023 05:07 pm

    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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347