Moneycontrol PRO
HomeNewsHavellsindia
Jump to
  • Expect higher growth in next quarter: Havells India

    Havells India's Q3 earnings are in-line with street estimates with a 30 percent rise in the topline and a similar jump in the profits also. In an interview with CNBC-TV18, Anil Rai Gupta, CMD of Havells India spoke about the results and his outlook for the company.

  • Forays into water purifier segment, expect 8-10% market share over next 5 yrs: Havells

    Havells India has just announced their entry into the water purifier segment. In an interview with CNBC-TV18, Narendra Choudhary, Executive VC of the company spoke about the latest happenings in his company and sector.

  • Aim to triple revenues in 5-6 years; sluggish growth may continue in Q3: Havells

    Structural demand in consumer durables was weak due to GST, said Anil Rai Gupta, CMD, Havells.

  • Move to GST is positive; see normalcy in coming quarters: Havells India

    Havells India posted disappointing numbers for Q1FY18. The operational front performance was weak. “This was a special quarter because of the transition of value added tax (VAT) regime to the goods and services tax (GST) regime. Things should come back to normal in the coming quarters,” Anil Rai Gupta, CMD of Havells India told CNBC-TV18.

  • Consumers may have to pay more due to higher tax incidence: Havells India

    In an interview to CNBC-TV18, Anil Rai Gupta, CMD of Havells India spoke about the goods and services tax (GST) and latest happenings in the company.

  • Part of Sylvania stake sale money to come in 3-6 months: Havells

    In an interview to CNBC-TV18, Anil Rai Gupta, CMD of Havells India spoke about the results and his outlook for the company.

  • Lloyd's consumer durable biz acquisition to be EPS accretive from 1st year: Havells

    The acquisition was financed through internal accruals, said Anil Rai Gupta, CMD, Havells India.

  • Will be looking at similar acquisitions after Lloyd is finalised: Havells India

    On the side-lines of AIMA's event in Delhi, Ashpreet Sethi of CNBC-TV18 caught up with Pawan Munjal, MD of Hero Motocorp and Anil Rai Gupta of Havells India.

  • Havells deal closure in 6-8 wks; focus on B2B biz:Lloyd Electric

    Their main aim is to deleverage the balance sheet and increase investments into high margin businesses like OEMs, rail and defence air conditioners, transport air conditioners etc, said Nipun Singhal, Director, Lloyd Electric & Engineering.

  • Competition will improve efficiency; see growth good: Blue Star

    Competition is healthy for any business because it brings in pricing efficiency and product quality into the market, says B Thiagarajan, Joint MD, Blue Star commenting on the acquisition of Lloyd Electric by Havells India.

  • Analyst take: Havells-Lloyd deal 'win-win' for both

    In an interview with CNBC-TV18, market veteran SP Tulsian and Rabindra Nath Nayak of Dolat Capital Group Company gave their take on the Havells-Lloyd deal.

  • See no note ban pain in Q4, margins to improve: Havells CMD

    Havells India CMD, Anil Rai Gupta, says the impact of demonetisation may not be seen in the fourth quarter. The electrical equipment manufacturer reported increased profit at 27.5 percent year-on-year in the quarter ended 2016.

  • GST will not put margins under pressure: Havells India

    The goods and services tax (GST) will not put Havells India's margins under pressure, says company CMD Anil Rai Gupta. But he says the benefits passed on to consumers will be limited once GST is implemented.

  • Expect to surpass FY17 H1 growth rate of 13% in H2: Havells

    Havells India grew at 13 percent in the first half of current fiscal. Considering the satisfactory growth rate in the current quarter, Anil Rai Gupta, Chairman and Managing Director Of Havells India.

  • Aim to grow market share; focus on premium fan space:CG Consumer

    In an interview to CNBC-TV18, Shantanu Khosla, MD of Crompton Greaves Consumer Electrical said that they want to grow the topline faster than the market.

  • Volumes likely to grow in double-digits for FY17: Havells India

    Anil Rai Gupta, Chairman and Managing Director, Havells India, said all of the company's verticals, except cables, saw 20 percent growth in the quarter.

  • Havells chasing top-end customers with latest product

    Speaking to CNBC-TV18 Saurabh Goel, Executive VP of Havells India said the rationale behind launching an advanced water heater was to bring a high-tech product to consumers.

  • Expect to grow in double digits; see margins at 14.5%: Havells

    With a major focus on cost efficiencies and price management, they are confident of double-digit growth for the company going forward, said Anil Rai Gupta, CMD, Havells India

  • See Rs 100cr revenue from new biz segment by 2020: Havells

    Speaking to CNBC-TV18, Vivek Yadav, VP of Havells India said that this segment represents a very attractive proposition as the current market size is small – about Rs 500 crore – and expects Rs 100 crore revenue from it by 2020.

  • Green shoots visible; margins to stay flat for a while: Havells

    While India will be the main focus, the company is also looking to increase presence in West Asia, Africa and South East Asia, Anil Rai Gupta, CMD, Havells India tells CNBC-TV18.

  • Growth in H2 to be better; LatAM biz improving: Havells

    Anil Rai Gupta, CMD, Havells India is hopeful of an improvement in growth in the Latin America business going forward.

  • Structural changes underway; growth to pick in Q3: Havells

    In an interview with CNBC-TV18, Anil Rai Gupta, CMD of Havells India said the demand is expected to pick-up in the second half of this year.

  • Demand to pick up only in second half of FY16: Havells

    Anil Rai Gupta, Chairman and Managing Director of Havells India says he is hopeful about interest rates falling, inflation coming off, and demand picking up in residential, commercial as well as industrial sector.

  • Saw post Diwali pickup; next 4 months critical: Bajaj Elec

    Bajaj Electricals CMD Shekhar Bajaj says with winter not setting in yet, sales of winter-dependent products are yet to pick up. Also, with online retailers offering such steep discounts, there is confusion in the minds of consumers.

  • Havells India eyes 13-13.5% EBITDA margins in FY15

    Anil Rai Gupta of Havells India is confident that the overall growth in FY15 will be better than FY14 and is hopeful of achieving 13-13.5% EBITDA margins for the domestic market and 5-5.5% for international markets in FY15.

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