MAM

Havells India Q1FY15 net revenue up by 21 %; PAT up by 13 %

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/mam-images/2014/07/29/havells.jpg?itok=XMEJwrt7

MUMBAI: Havells India Limited, a $1.3 billion leading Fast Moving Electrical Goods (FMEG) company and a major power distribution equipment manufacturer with a strong global footprint, announced its first quarter performance ended 30 June, 2014.



Standalone Performance (Q1FY15 VS Q1FY14)



• Net Revenue grew by 21 per cent to Rs 1,277 crore during the first quarter ended June 30, 2014 compared to Rs 1,051 crore in the corresponding quarter ended June 30, 2013.



• PAT grew by 13 per cent to Rs 107 crore for the period ended June 30, 2014 compared to Rs 95 crore in the corresponding quarter previous year.



• PBT grew by 30 per cent to Rs 150 crore as against Rs 115 crore in the corresponding quarter previous year ended June 30, 2013.

Sylvania Global standalone basis Q1FY15 VS Q1FY14



• Revenue grew to € 107.2 million during the quarter ended June 30, 2014 compared to € 106.7 million to the corresponding quarter ended June 30, 2013.  



• EBIDTA grew to € 4.6 million compared € 4.2 million in the corresponding quarter ended June 30, 2013.



Consolidated Performance (Q1FY15 VS Q1FY14)



• Net Revenue grew by 17 per cent to Rs 2,129 crore during the first quarter ended June 30, 2014 compared to Rs 1,823 crore in the corresponding quarter ended June 30, 2013.



• Net Profit grew by 28 per cent to Rs 112 crore during the first quarter as compared to Rs 87 crore in the corresponding quarter previous year.



• PBT grew by 44 per cent to Rs 163 crore as against Rs 113 crore in the corresponding quarter previous year ended June 30, 2013.



Commenting on the financial performance, Havells India joint managing director Anil Rai Gupta said, "Led by cable division, all our business segments have seen strong growth and improvement in margins in the first quarter of the current financial year. Our overseas operations under Sylvania has also registered profit. Overall, the outlook is upbeat as industrial, infrastructure and construction sectors gain momentum with the government taking a number of policy initiatives and reviving stalled projects. We expect strong demand in the cable segment to spread to other segments in the coming quarters. With our wide range of high quality products across segments and a robust distribution network, we are geared to take advantage of this pickup in economic activity."



Business Segments (Q1FY15 VS Q1FY14)



• Electrical Consumer Durables grew by 21 per cent to Rs 269 cr in Q1FY15 as compared to Rs 222 cr in Q1FY14.



• The Cable division grew by 32 per cent to Rs 535 cr in Q1FY15 as compared to Rs 405 cr in Q1FY14.



• Lighting and Fixtures segment registered revenue growth of 12per cent at Rs 165 crore as against Rs 148 crore.



• Switchgear division grew by 11 per cent to Rs 307 cr in Q1FY15 as against Rs 276 cr in Q1FY 14.



• Export revenue grew by 9 per cent during the quarter from Rs 65 cr in Q1FY14 to Rs 71 cr in Q1FY15.



Other Highlights



• Expanded Havells Galaxy chain by opening 10 more stores across India, taking the total number of such stores to 235 across the country.



• Board of Directors approved split of its equity shares of face value of Rs 5 into Rs 1 each on 30 June 2014.



• Direct presence in 100 towns with more than 5 lac population.



• Focus now on towns up to 1 lac population. Out of 1200 towns, already reached nearly 750 towns.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/harshik-800x800.jpg?itok=EcZrcw78
'Make Love Not Scars', advocates Ogilvy

Building on the worldwide success of its #EndAcidSale campaign for Make Love Not Scars last year, Ogilvy has launched a powerful new campaign to benefit the cause of acid-attack survivors.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/abhik-800x800_0.jpg?itok=cgbiWP3H
Ogilvy to creatively project Dominar's supremacy

Ogilvy India won the prestigious business of this new brand Bajaj Auto’s Dominar 400 after a rigorous pitch process lasting over two months.

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/gautam-800x800.jpg?itok=X1eVVuJA
Rentomojo hires Dentsu Webchutney digital

In its rapid path to becoming a platform where you can subscribe to furniture and appliances for a period of your choice, Rentomojo - founded by Geetansh Bamania - has signed Dentsu Webchutney to shape its digital agenda.

MAM Media and Advertising AD Agencies
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/rajdeepak-das-800x800.jpg?itok=3RnxG_s1
Bajaj V launches Invincible Indians; for everyday heroes

Bajaj V's initiative titled ‘Invincible Indians: Stories that Invoke Pride Everyday’ will uncover stories of ordinary Indians who, by dint of their resolve and determination, performed extraordinary acts in the service of society.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/gunjan-800x800.jpg?itok=lLrM1v_c
Taproot springs a design Myntra

Myntra, India's leading platform for mass premium fashion will be launching a multi-media campaign by the end of this week, revealed Myntra Fashion chief marketing manager Gunjan Soni.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/oppo-800x800.jpg?itok=kgIuDxG-
Oppo shines at Emerging Brand Award 2016

Chinese smart phone Oppo has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand has been associated with its successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/Noomi-Mehta.jpg?itok=SAICBLC7
India's Noomi Mehta joins FEPE International board

MUMBAI: Noomi Mehta has been elected to the board of international out of home association FEPE International. He is the first representative from India’s out of home industry to sit on the FEPE board.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/MTV-uncovers.jpg?itok=PMJoFDsP
MTV uncovers #CoverBeforeLover

MUMBAI: MTV is the universe of the young and has the final word on everything related to youth. This time around too the biggest, boldest and bravest youth channel has launched a new campaign on World AIDS day with a message #CoverbeforeLover. As a nation, we are obsessed with encasing everything...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/30/brian-800x800.jpg?itok=Xh0YL_OC
GroupM's new suite [m]Platform to make media planning flexible

GroupM has launched an advanced technology suite of flexible media planning applications, data analytics and digital services titled [m]Platform. The platform will improve advertisers’ ability to use audience-defining insights from hundreds of data sources to find and communicate with their...

MAM Media and Advertising AD Agencies

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories