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Havells Q2 net profit rises 9.7% to ₹349 cr as revenue grows 34.6%

Havells moved higher in a quarterly results development for Q2FY27.

· BS Companies

Havells India's Q2FY27 net profit rose 9.72% to ₹349.22 crore, while revenue surged 34.57% to ₹6,432 crore, driven by strong growth in cables, switchgear and consumer durables.

Period
Q2FY27

Havells reported ₹349 cr, ₹349.22 crore and ₹6,432 crore for Q2FY27, with movement of 9.7%, 34.6% and 9.72% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +0.1% on the day at ₹1,073.00, and has returned -12.0% over three months. It sits 29% below its 52-week high, which means a good deal of bad news was already in the price. The consumer durables sector has moved -11.1% over the same period, so Havells is running 0.9 points behind its peers.

For Havells, the question is how much of this is already reflected in the price and how much re-rates the consumer durables peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is HAVELLS.
  • Sector exposure: Consumer Durables, Consumer & Retail.
  • The immediate tone of coverage reads positive.
HAVELLSConsumer DurablesConsumer & Retail