Havells June qtr PAT up 8% at Rs 53 cr

Electrical equipment maker Havells India today posted a 8.2 per cent increase in its profit after tax (PAT) to Rs 53.33 crore in the quarter ended June 30, 2010 over the same period last fiscal.

The company, which had a PAT of Rs 49.26 crore in the corresponding quarter previous fiscal, attributed the growth to strong performance by its light and fixtures segment apart from its electrical equipment business.

"We have had a good last quarter supported by the strong performance in our lighting & fixture and electrical consumer durables segment," Havells India Joint Managing Director Anil Gupta said in a statement.

 

During the quarter, the company's sales stood at Rs 717.03 crore, a 22 per cent increase from Rs 586.19 registered in the year-ago period.