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According to ICICIdirect.com, Havells India to report a 1.5 percent degrowth quarter-on-quarter (up 7.2 percent Y-o-Y) in net profit at Rs 93.3 crore.
According to Motilal Oswal, Havells India to report a 17.8 percent degrowth Q-o-Q (up 7.3 percent Y-o-Y) in its net profit at Rs 84.6 crore.
On consolidated basis, total income of Havells India may increase 9.7 percent Y-o-Y to Rs 1,950 crore and profit after tax is seen going up by 55 percent Y-o-Y to Rs 123 crore during the same period due to lower interest cost.
Motilal Oswal expects Havells India to report a 5.4 percent degrowth quarter-on-quarter (growth of 17.9 percent year-on-year) in net profit at Rs 103.7 crore.
Kotak Securities expects Havells India to report a 57.5 percent degrowth quarter-on-quarter (growth of 25.2 percent year-on-year) in net profit at Rs 70.1 crore.
The revised target of 18 percent growth from 27 percent last year shall be achieved if India maintained its gross domestic product (GDP) growth of 6 percent, Anil Gupta of Havells India said.
Kotak Securities has come with its March quarterly earning estimates for capital goods sector. The research firm expects aggregate revenue growth of capital goods sector to be 6.7% YoY in the Mar-ending quarter, driven mainly by L&T, Cummins, and other midcaps and aggregate PAT is expected to post modest growth of 2.7% yoy in Q4 FY13.
The fourth quarter earnings will begin from Friday. In an interview to CNBC-TV18, Varatharajan Sivasankaran of ICICI Securities outlined his expectations from stocks across various sectors.
Kotak Securities has come with its December quarterly earning estimates for capital goods sector. According to the research firm, capital goods companies are expected to post aggregate revenue growth of 10.4% YoY in the Dec-ending quarter, driven mainly by L&T, Cummins, and other midcaps.
Motilal Oswal has come with its December quarterly earning estimates for capital goods sector. According to the research firm, capital goods universe is expected to continue moderation in revenue growth in 3QFY13, impacted by depleting order book and execution constraints.
In an interview to CNBC-TV18, Misal Singh of Religare Capital Markets reviewed the second quarter financial performance of integrated power plant equipment manufacturer BHEL and electric engineering company Havells India.
Anil Gupta, joint MD, Havells India explains to CNBC-TV18 the extraordinary item of a favourable ruling in the Osram judgment and the 33-percent growth posted by the consumer-durable division has helped the company post positive results.
Havells India's profit after tax is expected to go up by 21.7 percent year-on-year to Rs 85 crore in the quarter ended September 2012.
Motilal Oswal has come with its September quarterly earning estimates for Capital Goods sector. According to the research firm, revenue growth in 2QFY13 is expected to moderate to 8% YoY (v/s 17% YoY in 1QFY13), given the depleting order books and constrained environment.
Fast moving electrical goods company Havells India's profit after tax is expected to go up by 30.4% year-on-year to Rs 75 crore in the quarter ended July 2012.
In an interview to CNBC-TV18, Anil Gupta, joint managing director of Havells India says, the company is expecting 15-20% revenue growth this year.
Motilal Oswal has come with its quarterly earning estimates on capital goods sector for March 2012. The research firm, is Neutral on the sector and expects re-rating once there is visibility in government and private capex and has preferred L&T, Cummins India and Havells India from the sector.
Havells India is likely to report a profit after tax of Rs 69 crore in the third quarter of FY12, rising 13% as compared to Rs 61 crore in a year ago quarter.
Havells posted a good set of second quarter FY12 numbers. Joint managing director Anil Gupta informed that the sales growth was driven by volume growth. He committed to deliver 8% margins for Sylvania. He stated that the company will focus on profitability in Europe and growth in Latin America and India.
Havells India is expected to report a standalone profit after tax of Rs 66 crore in the second quarter of FY12, a growth of 15% as compared to Rs 58 crore in the corresponding quarter of last fiscal.
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.
On the back of the strong numbers in the quarter, the company’s joint managing director Anil Gupta says that the company is initiating “new plans in areas like China and a renewed effort in the US markets with the Havells brand growth.”
Motilal Oswal has come out with its earning estimates on engineering sector for the quarter ended March 2011. According to the research firm, Havells India March quarter net sales are expected to go up by 14.3% at Rs 809.2 crore, year-on-year, (YoY) basis.