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=Oh6w4oXK

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/2017/11/24/nikhil.jpg?itok=PnbtIT8h
Nikhil Kumar joins Publicis India as VP

Publicis India has announced the appointment of Nikhil Kumar as vice president. Based out of Mumbai, Nikhil will focus on both organic and inorganic growth for the agency.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/24/vertoz.jpg?itok=9bnnt5NK
Vertoz shares gain in opening trade

MUMBAI: It was a rare sight to witness at the bourse today when Vertoz Advertising became the first programmatic advertising company to be listed on National Stock Exchange this morning. The price for the public issue of 15.84 lakh equity shares was fixed at Rs 108 per share. Within the first 3...

MAM Media and Advertising Digital Agencies
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/24/mac.jpg?itok=ZFW-c-PJ
Brands kick off holiday ads way before Christmas

MUMBAI: A famous quote in advertising correctly justifies the medium - ‘Creativity without strategy is called art, creative with strategy is called advertising'.  It does stand true as advertising is creatively conveying your message to the viewers. Ad folk are obsessed with creativity which...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/24/ran_2.jpg?itok=uC6vB1mc
Renault gets Ranbir Kapoor to promote new SUV ‘Captur’

MUMBAI: Renault has launched its new SUV car, Captur, the longest and widest car in its category with Ranbir Kapoor promoting it in its new TVC.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/24/viacom18.jpg?itok=OR2SEUpg
Viacom18 promises to #OpenNewWorlds in new corporate film

MUMBAI: Viacom18 has launched a corporate brand film titled ‘Open New Worlds’. Conceptualised by Leo Burnett Orchard, the film commemorates the entertainment conglomerate’s completion of 10 years in India. The film will have an integrated reach and will be activated on touch points like outdoor,...

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/24/ss.jpg?itok=u0vUecU7
Swiggy, AIB target India’s love for food and movies

NEW DELHI: Aiming to spread the message that Indian movies should be fast-paced and food delivery should be even faster, the Indian comedy sketch group AIB has collaborated with food delivery service Swiggy for a video.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/23/big.jpg?itok=Y5s8S64k
WAT’s Your Big Idea wraps up second edition

Digital and social media agency WATConsult wrapped up its second season of WAT’s Your Big Idea (#WYBI) yesterday in Mumbai.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/23/Viacom-18.jpg?itok=3lOjeVT9
Viacom18 awards media mandate to Madison Media

MUMBAI: Madison Media has been appointed as the agency-on-record for Viacom18 and will now handle the media planning and buying duties for its entire gamut of brands. It won the account after a multi-agency pitch.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/23/abbott.jpg?itok=NvtBx97M
Eau Thermale Avene‘s social mandate goes to VML

MUMBAI: Abbott has appointed VML India to look after its brand Eau Thermale Avene for a brand awareness campaign in India on social media channels - Facebook, Instagram and Twitter.

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories