Limited reviewed Unaudited Financial Results for Q1 FY 2026-27
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 17 Jul 2026, 02:21 PM IST · BSE ID: bfa3f65e-3c31-43a3-a1a8-06166abc6f5f
View Original BSE Filing (PDF)
💡
In Simple Terms
Havells India's first-quarter profit decreased, even as total sales increased, with some segments showing higher expenses.
🤖 AI Summary
- Havells India Ltd reported standalone net profit for Q1 FY27 at Rs. 298.43 crores.
- Revenue from operations increased to Rs. 6,509.97 crores in Q1 FY27 from Rs. 5,437.81 crores in Q1 FY26.
- Total expenses for the quarter ended June 30, 2026, were Rs. 6,163.09 crores.
- Profit before tax for Q1 FY27 stood at Rs. 401.01 crores, down from Rs. 474.56 crores in Q1 FY26.
- Lloyd Consumer segment reported a loss of Rs. (51.02) crores in Q1 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Q1 FY27)
Rs. 6,509.97 crores
19.72%
Profit for the period (Q1 FY27)
Rs. 298.43 crores
-15.29%
Profit before tax (Q1 FY27)
Rs. 401.01 crores
-15.50%
Basic EPS (Q1 FY27)
Rs. 4.76
-15.30%
Lloyd Consumer Segment Result (Q1 FY27)
Rs. (51.02) crores
Not comparable — limited prior period data.
🏢 How This Affects the Company
Revenue from operations increased across several segments, including Cables and Electrical Consumer Durables. The newly established Renewables segment contributed Rs. 314.34 crores in revenue.
Net profit for the period decreased by 15.29% year-on-year. Profit before tax also declined despite revenue growth, indicating increased costs relative to revenue.
The company revised its reportable segments, introducing 'Renewables' and reclassifying businesses like Solar, Solar Pump, EVSE, Water Purifier, and Personal Grooming.
The Lloyd Consumer segment reported a higher loss of Rs. (51.02) crores compared to Rs. (19.71) crores in the prior year, indicating continued challenges in profitability for this segment.
👥 What This Means For Shareholders
✅
Action Required
No specific action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, which includes a 15.29% decrease in standalone profit for the period.
🔍
Management Signal
The Board's approval of the Q1 FY27 unaudited results indicates transparency in reporting current financial performance and segment-wise reclassification.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor profitability trends and Lloyd Consumer segment performance.
Revenue growth across key segments — check for sustained momentum in Cables and Electrical Consumer Durables.
Impact of reclassified 'Renewables' segment on overall business contribution.
MEDIUM RISK
Declining profit despite revenue growth and increasing losses in the Lloyd Consumer segment are notable.
💡 Investor Takeaway
Havells India Ltd recorded a standalone profit of Rs. 298.43 crores for Q1 FY27, a 15.29% decrease from Rs. 352.34 crores in Q1 FY26. Revenue from operations increased by 19.72% to Rs. 6,509.97 crores. The Lloyd Consumer segment's loss expanded to Rs. (51.02) crores.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations grew to Rs. 6,509.97 crores in Q1 FY27, representing a 19.72% increase year-on-year.
- Cables segment revenue increased to Rs. 2,455.62 crores in Q1 FY27 from Rs. 1,933.22 crores in Q1 FY26, a 26.91% growth.
⚠️ Concerns
- Profit for the period decreased to Rs. 298.43 crores in Q1 FY27, a 15.29% decline from Rs. 352.34 crores in Q1 FY26.
- Lloyd Consumer segment reported a loss of Rs. (51.02) crores in Q1 FY27, a significant increase from the loss of Rs. (19.71) crores in Q1 FY26.
📅 Company Track Record
In Q1 FY27, Havells India's standalone profit declined to Rs. 298.43 crores, despite 19.72% revenue growth, following FY26 audited results which approved a total dividend of Rs. 10 per share. Previously, an incremental liability of Rs. 45.03 crores due to 'New Labour Codes' was an Exceptional Item in FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Havells India's standalone net profit for Q1 FY27?
Havells India Ltd reported a standalone net profit of Rs. 298.43 crores for the first quarter ended June 30, 2026.
What was Havells India's revenue from operations in Q1 FY27?
Revenue from operations for Havells India Ltd stood at Rs. 6,509.97 crores for Q1 FY27, compared to Rs. 5,437.81 crores in Q1 FY26.
How did the Lloyd Consumer segment perform in Q1 FY27?
The Lloyd Consumer segment reported a loss of Rs. (51.02) crores in Q1 FY27, an increase from a loss of Rs. (19.71) crores in Q1 FY26.
What was the Basic EPS for Havells India in Q1 FY27?
The Basic Earnings Per Share (EPS) for Havells India was Rs. 4.76 in Q1 FY27, down from Rs. 5.62 in Q1 FY26.
Questions based on this BSE filing only. For information purposes.