Havells India Ltd reported a 16.64% decline in consolidated net profit for the first quarter ended June 30, 2026, driven by elevated raw material and input costs.
The consumer electricals manufacturer posted a net profit of ₹289.71 crore, down from ₹348.30 crore in the same period last year.
Despite the margin pressure, the company’s top line showed resilience.
Revenue from operations rose 19.48% to ₹6,518.19 crore, compared with ₹5,455.35 crore in the year-ago quarter.
The divergence between revenue growth and profit contraction highlights the ongoing cost challenges facing Indian manufacturing firms amid volatile commodity prices.
The results underscore the sensitivity of Havells’ business model to input cost inflation.