Havells India Q1 Results: Profit rises on steady demand in cables business
Havells India's Q1 pre-tax profit for the cables sector nearly doubled, putting overall profit for the quarter at INR2.87bn ($37.4m), up 18.5% QoQ, helped by steady infrastructure spending and healthy real estate demand. However, like-for-like sales of low-priced aircon units and fans left under the Lloyd Consumer brand
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