Havells India Ltd on Wednesday reported 1.4 per cent rise in consolidated net profit 358 crore in the quarter ending March 2023. it is against net profit 353 crore in the corresponding quarter of the previous financial year.
Consolidated revenue from operations increased by 9.8 percent 4,859.21 crore as compared to Rs.4,859.21 crore for the quarter under 4,426.26 crore in the year-ago period.
The board of the company has recommended a final dividend of Rs. 4.50 on equity share of Rs 1/- each for the financial year 2022-23.
Dividend, if approved by the shareholders in the ensuing Annual General Meeting (AGM) of the company, will be paid/remitted to the shareholders on or before 30 days from the date of the AGM.
On Wednesday, the company’s stock was trading with a gain of 0.64 per cent. 1233.65 on BSE.
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