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Havells Q1 Results: Profit Falls To Rs 290 Crore, Misses Estimates; Lloyd Business Stays In The Red

NDTV Profit 1d ago·17 Jul 2026, 9:12 am

Havells India reported a drop in its consolidated net profit for the June quarter, falling to Rs 290 crore. This figure is a 16.7% decrease from the same period last year and comes in below analyst expectations. The company also stated that its subsidiary, Lloyd, continued to operate at a loss during this period.

For investors, this performance suggests that the company is facing headwinds that have impacted its profitability. The miss on estimates highlights a gap between market predictions and the company's actual results. Investors should monitor upcoming updates to understand the sustainability of this trend and the company's strategy to manage its loss-making subsidiary.

Key takeaways

  • Category: Results.
  • AI reads the tone as negative (potentially bearish) for the stock.

Why it matters

A routine update. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at NDTV Profit.

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Havells Q1 Results: Profit Falls To Rs 290 Crore, Misses Estimates; Lloyd Business Stays In The Red