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Havells India Q4 Net Profit up by 35%; Revenues grew by 9%

| | May 12, 2016, at 12:34 am
#Havells India # Net Profit
New Delhi, May 11 (IBNS): Havells India Limited, a leading Fast Moving Electrical Goods (FMEG) Company, today announced its financial results for the fourth quarter and the financial year ended Mar 31.

The company registered a net revenue for Q4FY16 grew by 9% to Rs. 1,475 crore as compared to Rs. 1,349 crore in Q4FY15

The company's Net profit (PAT) before exceptional item grew by 35% to Rs. 164 crore as compared to Rs. 122 crore in Q4FY15

Commenting on the financial performance, Anil Rai Gupta, Chairman and Managing Director (CMD), Havells India Limited, said, “The performance in Q4 underlines an encouraging trend of positive revenue and profitability growth. We have implemented several structural decisions which should support growth going forward as well”.

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