New Delhi: Electrical goods maker Havells India Ltd on Saturday reported a 36.27% increase in standalone net profit at Rs.145.58 crore for the first quarter ended 30 June. The company had posted a net profit of Rs.106.83 crore in the April-June period a year ago, Havells India said in a BSE filing. During the period under review, revenue from lighting and fixtures segment was up 22.12% to Rs.196.21 crore from Rs.160.66 crore, while its electric consumer durables segment revenue rose by 21.06% to Rs.351.42 crore as against Rs.290.27 crore from a year ago. Its net sales on standalone basis during the quarter under review was up 17.05% to Rs.1,455.38 crore as against Rs.1,243.30 crore from a year ago. Havells India chairman and managing director Anil Rai Gupta said: “The first quarter has delivered visible improvement across product categories.

Source: Mint July 23, 2016 12:22 UTC