Havells India share price target q4 results dividend brokerages raise target prices pat revenue nse bse
Havells India share price, Havells India share price target, Havells India Q4 FY24 results: Havells India shares will hog the spotlight on Thursday, May 3 after the Noida-headquartered fast moving electrical goods (FMEG) company released its Q4 earnings report on April 30.
Havells India Q4 FY24 results
Havells India reported a consolidated net profit of Rs 446.7 crore for the January-March period, marking an increase of 24.8 per cent compared with the corresponding quarter a year ago.
The company, which manufactures a string of consumer and industrial products such as fans, lights, appliances, cables, motors and solar solutions, registered fourth-quarter revenue of Rs 5,442 crore, up 12 per cent on a year-on-year basis, according to a regulatory filing.
According to Zee Business research, Havells India’s March-quarter net profit was estimated at Rs 372 crore and revenue at Rs 5,387 crore. Read more
Havells India dividend
The Havells India board recommended a final dividend of Rs 6 per share for the financial year ended March 31, in addition to an interim dividend of Rs 3 per share declared previously.
Havells India share price history
Havells India shares finished the March quarter 10.8 per cent stronger, outperforming a 2.7 per cent rise in the headline Nifty50 index.