Financial Daily from THE HINDU group of publications
Tuesday, Jul 20, 2004
Financial Daily from THE HINDU group of publications Tuesday, Jul 20, 2004 |
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Corporate Results
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Electrical Goods Havell's net up 72% Our Bureau
New Delhi , July 19 HAVELL'S India Ltd has recorded a net profit of Rs 5.32 crore on a sales turnover of Rs 132.10 crore during the first quarter of the current fiscal ended June 30. For the corresponding period last year, the company registered a net profit of Rs 3.08 crore on a turnover of Rs 82.5 crore. This translates into a 72.7 per cent surge in net profit and a 60 per cent rise in turnover for the period under review. Mr Anil Gupta, Director, Havell's India Ltd, sid, "Our strategy of introducing new products in the low voltage consumer appliance segment has started to pay off already."
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