NEW DELHI : Consumer electrical goods maker Havells India Ltd on Tuesday reported a 10.69 per cent fall in its consolidated net profit to ₹177.73 crore for the fourth quarter ended March 31.
The company had posted a consolidated net profit of ₹199.01 crore in the January-March quarter a year ago, Havells said in a regulatory filing.
Its revenue from operations was down 19.50 per cent to ₹2,217.44 crore during the period under review as against ₹2,754.77 crore a year ago, the company said. "The quarter commenced on a promising note, however was severely disrupted by COVID-19 towards the end.
These are unprecedented and uncertain times. Ensuring employee safety and adequate liquidity are our key priorities. We are cautiously optimistic for