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Havells India Q2 net up 20% to Rs 70 cr

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 2:39 AM IST

Electrical equipment maker Havells India today posted 19.92% increase in its net profit to Rs 70.24 crore in the quarter ended September 30, 2011 as against the same period last fiscal.

The company had a net profit of Rs 58.57 crore in the corresponding quarter last fiscal, Havells India said in a filing to the Bombay Stock Exchange (BSE).

During the quarter under review, the firm's net sales stood at Rs 850.39 crore, a 28.59% increase from Rs 661.31 crore in the year-ago period.

During the period while its cables and wires business had a revenue of Rs 369.18 crore, electrical consumer durables segment had a revenue of Rs 122 crore.

Besides, the firm's lighting and fixtures had a revenue of Rs 137.44 crore during the quarter.

Scrips of Havells India closed at Rs 357.95 on the BSE, down by 1.50%.

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First Published: Oct 31 2011 | 9:24 PM IST

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