Havells Q2 net rises marginally to Rs 121 cr

Company's net sales down 1.04% to Rs 1,339 crore

Electrical goods maker Havells India today reported a marginal increase in standalone net profit at Rs 120.72 crore for the second quarter ended September 30, 2015-16.

The company had posted net profit of Rs 119.61 crore for the same period of previous fiscal, Havells India Ltd said in a BSE filing.

Its net sales during July-September quarter of the current financial year declined by 1.04 per cent to Rs 1,339.01 crore as compared to Rs 1,353.12 crore during the same period of 2014-15, it said.

Shares of Havells India were trading at Rs 243.95 apiece, up 0.93 per cent from their previous close on the BSE.