Havells India Credit Rating
Havells India Limited received credit ratings from CARE for its bank facilities and commercial paper, with long-term instruments rated CARE AAA and short-term rated CARE A1+.
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4 announcements
Havells India Limited received credit ratings from CARE for its bank facilities and commercial paper, with long-term instruments rated CARE AAA and short-term rated CARE A1+.
Havells delivered strong Q1 FY27 revenue growth driven by resilient demand and summer cooling products. Management is focusing on 'sell-out' distribution strategies and brand building, doubling ad spends year-on-year.
Havells Q1 FY27 saw 19.7% revenue growth to Rs 6,510 crore, though PAT fell 15.3% to Rs 298 crore due to significantly doubled advertising spend.
Havells India Ltd reported revenue from operations of ₹6,518 Cr (+19.5% YoY) and net profit of ₹289.7 Cr (-16.6% YoY) for Q1 FY27.