Havells Q3 Revenue Rises 14% Led by Cables; Profit Growth Slows to 8%

Havells India reported a 14% year-on-year revenue increase to ₹5,588 crore in Q3 FY26, driven mainly by a 32% growth in its cables and wires segment, which accounted for 40% of total revenue. Net profit rose 8% to ₹300 crore, impacted by a ₹45 crore exceptional charge related to labour law adjustments. While cables showed strong volume growth and near-full capacity utilization, the lighting and Lloyd Consumer segments faced declines. The company plans to taper capital expenditure after FY26, focusing on capacity expansion and R&D investments.