Havells India has announced its financial results for the quarter and year ended March 31, 2026. The company reported a consolidated profit for the period of Rs 723.39 crore for the fourth quarter, with a full-year profit of Rs 1,689.25 crore. Alongside the results, the Board of Directors recommended a final dividend of Rs 6 per equity share, representing a 600% payout for the financial year.
Financial Highlights for FY2025-26
Havells India closed the financial year on a strong note, with annual consolidated revenue of Rs 22,527.77 crore. For the quarter ended March 31, 2026, the company achieved revenue of Rs 6,705.20 crore. This performance reflects the company’s resilience across its diversified product segments, including its core electrical and consumer durable businesses.
Dividend Recommendation
The Board of Directors has recommended a final dividend of Rs 6 per equity share (face value of Re 1 each), translating to 600% for the 2025-26 financial year. This is in addition to the interim dividend of Rs 4 per share already declared, highlighting the company’s commitment to returning value to its shareholders.
Leadership and Board Changes
The company announced several key leadership transitions to strengthen its governance structure. Shri Varun Berry has been appointed as an Independent Director for a five-year term. Additionally, the company confirmed the re-appointment of Smt. Namrata Kaul, Shri Ashish Bharatram, Shri T V Mohandas Pai, and Shri Puneet Bhatia to the Board for further terms. The Board also placed on record its appreciation for Shri Vivek Mehra, who has stepped down as an Independent Director effective April 22, 2026.
Operational Milestones
During the fiscal year, Havells continued its strategic focus on growth. Notable highlights include a Rs 600 crore investment in Goldi Solar Private Limited to accelerate expansion in the renewable energy sector. The company also reached a significant settlement with the HPL Group, securing absolute rights to the ‘HAVELLS’ mark, which was recognized as an intangible asset on the balance sheet.
Auditor Re-appointment
The Board has recommended the re-appointment of M/s Price Waterhouse & Co Chartered Accountants LLP as the Statutory Auditors of the company for a second consecutive term of five years, subject to shareholder approval at the upcoming Annual General Meeting.
Source: BSE
