Havells India Limited announced its un-audited financial results for the quarter ended December 31, 2025, delivering healthy growth across key parameters.
The company reported net revenue of ₹5,573 crores, reflecting a 14.2% year-on-year increase compared with ₹4,883 crores in Q3 FY25. EBITDA grew by 21.4% to ₹524 crores, while profit before tax before exceptional items rose 17.7% to ₹450 crores.
The company continues to maintain a strong balance sheet with cash and cash equivalents of ₹1,873 crores.
Contribution for the quarter stood at ₹1,093 crores against ₹999 crores in the same period last year, registering 9.4% growth. Contribution margin came in at 19.6% of net revenue compared with 20.5% in Q3 FY25.
Net profit increased to ₹301 crores, up 6.6% from ₹283 crores a year ago, though marginally lower than ₹317 crores in the preceding quarter. The performance reflects stable demand across core categories despite competitive pressures and input cost fluctuations.
The cables business emerged as the strongest growth driver with revenue rising 32.8% to ₹2,241 crores from ₹1,688 crores last year, supported by infrastructure demand and distribution expansion. Switchgears revenue grew 8.2% to ₹624 crores, while electrical consumer durables increased 4.3% to ₹1,151 crores.
Lighting and fixtures reported a marginal decline of 4.0% to ₹423 crores due to slower project execution. The others segment recorded robust 32.9% growth at ₹440 crores. Lloyd consumer business saw revenue of ₹694 crores, lower by 6.5% year on year, reflecting seasonal softness and channel adjustments. Overall segmental performance helped the company achieve consolidated revenue growth of 14.2%.
The Board of Directors has declared an interim dividend of ₹4.00 per equity share of face value Re. 1 each, representing 400% on the equity share capital of the company.
The dividend will be payable to all shareholders whose names appear in the Register of Members or in the records of the depositories as on the record date of January 23, 2026, for which a separate intimation was already submitted to the stock exchanges on January 8, 2026.
The company has informed that the dividend amount will be paid or dispatched to eligible shareholders within the prescribed timeline, on or before 17th February, 2026, which is within 30 days from the date of declaration, in compliance with regulatory requirements.
On January 20, 2026, Havells India share price (NSE: HAVELLS) opened at ₹1,426.00, down from its previous close of ₹1,447.10. At 10:34 AM, the share price of Havells India was trading at ₹1,401.30, down by 3.16% on the NSE.
Also Read: Best Long-Term Stocks in Jan 2026 – 5yr CAGR Basis!
Havells India delivered a resilient performance in Q3 FY26 with double-digit revenue growth and improved EBITDA. The cables segment remained the key growth engine, while consumer categories showed steady recovery. With a healthy balance sheet and diversified portfolio, the company is well positioned to benefit from structural demand and sustain growth momentum in the upcoming quarters.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 20, 2026, 10:44 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
