Havells India Ltd. reported a robust increase of 16% in its standalone net profit for the fourth quarter ended March 31, 2025.
The electrical goods manufacturer's bottomline for the quarter under review stood at Rs 522.26 crore compared to Rs 448.86 crore that it had reported in the previous fiscal's similar period.
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According to the company's exchange filing on Tuesday, its board of directors has also recommended a final dividend of Rs 6 per share.
This is in addition to the interim dividend of Rs 4 per share that the company had declared during financial year 2024-25, it stated.
However, the disclosure added that the recommended dividend will be subject to shareholder approval. The final dividend, if approved in the company's annual general meeting, shall be paid to the shareholders on or before 30 days from the AGM's date.
Havells earnings before interest, taxes, depreciation and amortisation grew 19% to Rs 760.72 crore versus Rs 636.81 crore in the year-ago period. The Ebitda margins didn't show much difference at 11.6% versus 11.7%.
The company's revenue expanded by 20.2% to Rs 6,544 crore. In comparison, the Noida-based company's revenue totalled Rs 5,442 crore in the year-ago period.
The board also approved the re-appointment of Siddhartha Pandit as the whole-time director for another three years—from May 29, 2025, to May 28, 2028. However, this too is subject to the shareholders approval, the regulatory filing said.
Shares of Havells India Ltd closed 1.03% higher at Rs 1,664.75 apiece on the BSE, compared to a 0.24% advance in the benchmark Sensex. The company had filed its financial results after the stock markets had closed on Tuesday.
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