Havells Q4 results: Net profit rises 16% YoY to ₹518 crore, board recommends final dividend of 600%

Havells India Ltd on Tuesday, April 22, reported a 15.92% year-on-year (YoY) surge in its consolidated net profit to ₹517.83 crore for the fourth quarter of the 2024-25 financial year (Q4 FY25), compared to ₹446.70 crore logged in the year-ago period.

The consumer electronics' revenue from operations stood at ₹6,543.56 crore in the quarter under review, up 20.24% YoY from ₹5,442.02 crore registered in the fourth quarter of FY24.

Havells derived ₹691.83 crore in revenue from the switchgears segment as against ₹651.28 crore last year. Its revenue from cables stood at ₹2,169.37 crore, compared to ₹1,789.55 crore in Q4 FY24. The company’s revenue from the lighting and fixture segment was at ₹441.72 crore in Q4 FY25 from ₹435.30 crore. The electrical consumer durables segment resulted in ₹997.26 crore revenue as against ₹910.37 crore.

Havells’ revenue from the Lloyd Consumer segment stood at ₹1,873.55 crore, compared to ₹1,345.88 crore in the year-ago period. Its revenue from other segments was at ₹369.83 crore in comparison to ₹309.64 crore in the corresponding quarter last year.

The firm’s earnings before interest, tax, depreciation and amortisation (EBITDA) rose 19.3% to ₹757 crore in Q4 FY25 from ₹635 crore in Q4 FY24. Its margin declined marginally from 11.66% to 11.57%.

Havells board recommends an additional dividend of ₹6 per equity share

Havells’ board of directors also recommended a final dividend of ₹6 per equity share of ₹1 each, i.e., 600% for the 2024-25 financial year.

This is in addition to the interim dividend the company declared during FY25 for ₹4 per share.

“The Final Dividend, if approved by the shareholders in the forthcoming Annual General Meeting (AGM) of the Company, shall be paid/ dispatched to the shareholders on or before 30 days from the date of the AGM,” Havells said.

Havells India stock performance

Shares of Havells closed in the green at ₹1,664.70 apiece, up 1.06% on the National Stock Exchange (NSE) on Tuesday. The results were declared after market hours.

The stock gained 6.89% over the previous week and 8.88% since the beginning of April. The scrip has lost 0.62% on a year-to-date basis.

The share hit a 52-week low of ₹1,381.30 on March 3, 2025, and a high of ₹2,106 on September 23, 2024.

Havells India has a total market capitalisation of ₹1.05 lakh crore as of April 22, 2025, on the NSE.