Скачать или смотреть Expect Margins To Come Back In Next 1-2 quarters | Anil Rai Gupta, Havells India | ET Now | News

Havells India reported an increase of 3.13% in consolidated net profit to Rs 243.16 crore for the June quarter as margins were adversely impacted due to commodity cost fluctuation. The consumer electrical goods maker company had posted a consolidated net profit of Rs 235.78 crore in the April-June quarter a year ago. Chairman and Managing Director Anil Rai Gupta said the company saw a "robust revenue growth" in first quarter of FY23 over the corresponding quarter. "Margins adversely impacted due to commodity cost fluctuation. We expect benefits from the recent cost moderation to reflect in a couple of quarters. The demand outlook remains stable in consumer and residential segments," he said. Watch to know more.
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