Havells India Limited — Q4 FY25
Havells India reported a decent Q4 FY25 with healthy revenue and profit growth, led by large appliances and cables.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q3 FY25
Switchgear margins to normalize to 23-24%
Switchgear EBIT margins expected to recover to 23-24% from current 18% as plant relocation and mix issues resolve.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
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