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Havells India Revenue History — Quarter by Quarter

Havells India's revenue moved from ₹4,834 Cr in Q1 FY24 to ₹6,705 Cr in Q4 FY26, a 38.7% change over 12 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

QuarterRevenue (₹ Cr)YoY Change
Q4 FY26₹6,705 Cr—
Q3 FY26₹5,588 Cr+14%
Q2 FY26₹4,779 Cr—
Q1 FY26₹5,455 Cr—
Q4 FY25₹6,544 Cr—
Q3 FY25₹4,889 Cr—
Q2 FY25₹4,539 Cr—
Q1 FY25₹5,806 Cr—
Q4 FY24₹5,442 Cr—
Q3 FY24₹4,414 Cr—
Q2 FY24₹3,900 Cr—
Q1 FY24₹4,834 Cr—

What management said about revenue

G

Q3 FY26 · RAC price hike of 5-10% in Q4

Management indicated a 5-10% price increase for room ACs in the current quarter to offset cost pressures.

G

Q2 FY26 · Channel inventory normalization by Q3 end

Management expects elevated channel inventory for summer products (ACs, fans, coolers) to normalize by the end of Q3 FY26.

G

Q1 FY26 · Solar revenue target of INR 1,000-1,500 crore

Management expects solar business revenue to cross INR 1,000-1,500 crore in the next couple of years, up from ~INR 500 crore in FY25.

G

Q4 FY25 · Lloyd to continue investing for growth

Lloyd will maintain investments in brand, distribution, and product development, with no specific margin guidance due to ongoing investment phase.

G

Q2 FY25 · Lighting pricing bottoming out by Q4 FY25

Management expects lighting pricing to bottom out by Q4 FY25, with real growth returning in FY26.

G

Q4 FY24 · Potential price increases in Q1 FY25

Management indicated that price increases may be taken in Q1 FY25 across product categories due to rising raw material costs, but will balance growth and market share.

G

Q3 FY24 · Expect normalcy in B2C demand and strong summer season

Management expects B2C demand to improve due to low base and abating inflation, with a strong summer season for fans and ACs.

G

Q2 FY24 · Cable capacity expansion of 25%

Cable manufacturing capacity will be expanded by 25% to address current constraints and support growth.

G

Q1 FY24 · Lloyd margins to improve in H2

Management expects Lloyd's margins to improve in the second half of the year as raw material costs stabilize and sales volumes increase.