Havells India shares tumble 14 pc after Q2 earnings

By: |
Updated: October 21, 2021 12:08 PM

The stock tanked 9.99 per cent to Rs 1,264.85 on BSE. On NSE, it tumbled 13.96 per cent to Rs 1,210.30.

Havells India, consumer electrical goods maker , revenue from operations, NSE Its revenue from operations rose by 31.65 per cent to Rs 3,238.04 crore

Shares of consumer electrical goods maker Havells India on Thursday tumbled 14 per cent after the company reported a 7.34 per cent decline in its consolidated net profit for the quarter ended on September 30, 2021.

The stock tanked 9.99 per cent to Rs 1,264.85 on BSE. On NSE, it tumbled 13.96 per cent to Rs 1,210.30.

Havells India on Wednesday reported a 7.34 per cent decline in its consolidated net profit to Rs 302.39 crore for the quarter ended on September 30, 2021, compared to Rs 326.36 crore in the year-ago quarter.

Its revenue from operations rose by 31.65 per cent to Rs 3,238.04 crore during the period under review as against Rs 2,459.49 crore in the corresponding period of the last fiscal

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1ICICI Bank, HDFC, Tata Motors among top stock ideas from Jefferies; expect around 30% returns
2Go Fashion shares make bumper listing; stock rallies 90% from IPO price on debut trade
3Go Fashion, Coal India, ZEE, Kotak Mahindra Bank, Reliance Capital among stocks in focus today