Share the post "HAVELLS INDIA ‘s Q3 2024-25 Latest News: Profit Falls by 1.76% Year-on-Year"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 10.95 % in the past year, substantial increase in net sales/revenue by 7.71 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 14.46 %. Marginal decrease of -30.97% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for HAVELLS INDIA LTD.. Profit dropped by -1.76 % Year to Year, HAVELLS INDIA LTD.’s profitability increased by 3.75 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -1.74 % Year to Year. EPS increased by 3.68 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4400.62 Cr | Rs. 4532.99 Cr | Rs. 4882.5 Cr | + 7.71 % | + 10.95 % |
| Expenses | Rs. 3968.01 Cr | Rs. 4152.97 Cr | Rs. 4450.86 Cr | + 7.17 % | + 12.17 % |
| Operating Profit | Rs. 432.61 Cr | Rs. 380.02 Cr | Rs. 431.64 Cr | + 13.58 % | -0.22 % |
| OPM % | 9.83 % | 8.38 % | 8.84 % | + 0.46 % | -0.99 % |
| Other Income | Rs. 55.94 Cr | Rs. 92.76 Cr | Rs. 64.03 Cr | -30.97 % | + 14.46 % |
| Interest | Rs. 10.2 Cr | Rs. 10.08 Cr | Rs. 9.39 Cr | -6.85 % | -7.94 % |
| Depreciation | Rs. 87.66 Cr | Rs. 94.62 Cr | Rs. 104.09 Cr | + 10.01 % | + 18.74 % |
| Profit before tax | Rs. 390.69 Cr | Rs. 368.08 Cr | Rs. 382.19 Cr | + 3.83 % | -2.18 % |
| Tax % | 26.32 % | 25.94 % | 26 % | + 0.06 % | -0.32 % |
| Net Profit | Rs. 287.87 Cr | Rs. 272.59 Cr | Rs. 282.81 Cr | + 3.75 % | -1.76 % |
| EPS in Rs | Rs. 4.59 | Rs. 4.35 | Rs. 4.51 | + 3.68 % | -1.74 % |
Today, we’re looking at HAVELLS INDIA LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 10.95 %. However, it did see a marginal increase of 7.71 % from the previous quarter. Expenses ticked up slightly by 7.17 % quarter-on-quarter, aligning with the annual rise of 12.17 %. Operating profit, while down -0.22 % compared to last year, faced a quarter-on-quarter increase of 13.58 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.99 %, but an expansion of 0.46 % sequentially. Other income fell by -30.97 % compared to the last quarter, despite an annual growth of 14.46 %. Interest expenses dropped significantly by -6.85 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.94 %. Depreciation costs climbed by 10.01 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.74 %. Profit before tax declined annually by -2.18 % but saw an increase from the preceding quarter by 3.83 %.
Tax expenses as a percentage of profits decreased slightly by -0.32 % compared to last year, with a more notable quarter-on-quarter increase of 0.06 %. Net profit fell by -1.76 % year-on-year but experienced a 3.75 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.74 % but a quarterly rise of 3.68 %. In summary, HAVELLS INDIA LTD.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4400.62 Cr | Rs. 4532.99 Cr | Rs. 4882.5 Cr | + 7.71 % | + 10.95 % |
| Expenses | Rs. 3968.01 Cr | Rs. 4152.97 Cr | Rs. 4450.86 Cr | + 7.17 % | + 12.17 % |
| Operating Profit | Rs. 432.61 Cr | Rs. 380.02 Cr | Rs. 431.64 Cr | + 13.58 % | -0.22 % |
| Net Profit | Rs. 287.87 Cr | Rs. 272.59 Cr | Rs. 282.81 Cr | + 3.75 % | -1.76 % |
| EPS in Rs | Rs. 4.59 | Rs. 4.35 | Rs. 4.51 | + 3.68 % | -1.74 % |
In reviewing HAVELLS INDIA LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.95 % year-on-year growth, however, there was a minor increase of 7.71 % from the previous quarter. Expenses rose by 12.17 % compared to the previous year, with a 7.17 % increase quarter-on-quarter. Operating Profit dropped by -0.22 % annually, and saw a 13.58 % increase from the last quarter.
Net Profit showed yearly decrease of -1.76 %, and experienced a 3.75 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.74 % annually, however rose by 3.68 % compared to the last quarter. In essence, while HAVELLS INDIA LTD. faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
