Havells India Q4 Results: Profit rises 3% YoY to Rs 362 crore on strong air conditioner sales
Havells India reported Q4 profit of INR 3.62bn ($44.28m), up 2.5% YoY, as strong sales of air conditioning units helped to offset the negative effects of unseasonal rains and a delayed summer, which analysts had predicted could hurt demand. Lloyd, its consumer-facing segment, saw a 32% YoY rise in revenue to INR 12.64bn.
