Havells Q1 profit up 13.32% at Rs 107.27 crore

Electrical goods maker Havells India today reported a 13.32% increase in its standalone net profit at Rs 107.27 crore for the first quarter ended June 30, 2014.

The company had posted a standalone net profit of Rs 94.66 crore during the for the same period of the previous fiscal.

Net sales of the company rose to Rs 1,267.27 crore for the April-June quarter, as compared to Rs 1,044.06 crore during the same period of the previous fiscal, Havells India said in a filing to the BSE.

Shares of the company were trading at Rs 1,215 per scrip during the afternoon trade on the BSE, down 2.02% from its previous close.