Shares of consumer electrical goods maker Havells India today soared over 9 per cent as the company reported a standalone net profit at Rs 210.40 crore for the June quarter.
The stock jumped 9.13 per cent to close at Rs 610.60 on BSE. Intra-day, it surged 9.86 per cent to Rs 614.70 - its 52-week high.
At NSE, shares of the company rose sharply by 8.85 per cent to close at Rs 610.05.
On the equity volume front, 5.37 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.
The company had posted a net profit at Rs 121.38 crore during April-June quarter of 2017-18, Havells India said in a regulatory filing on Friday.
Total income during the quarter under review stood at Rs 2,625.56 crore. It was Rs 2,017.04 crore in the year-ago period.
The company had informed that its results are not comparable with previous period as it had acquired consumer durable business of LEEL Electricals in May last year.
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