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Havells India Limited received credit ratings from CARE for its bank facilities and commercial paper, with long-term instruments rated CARE AAA and short-term rated CARE A1+.
Havells India Limited has been assigned a 'CG 1' Corporate Governance Rating by CARE Analytics and Advisory. This rating represents the highest level on a six-point scale.
Havells India announced the results of its Postal Ballot, confirming the appointment of Shri Ashish Dhawan and Ms Shanti Ekambaram as Independent Directors.
Havells India Limited has appointed Mr. Sandeep Sehgal as Executive Vice President – Sales Lloyd. The appointment is effective from August 4, 2026.
Havells India is conducting a postal ballot to seek shareholder approval for the appointment of Shri Ashish Dhawan and Ms Shanti Ekambaram as independent directors.
Havells delivered strong Q1 FY27 revenue growth driven by resilient demand and summer cooling products. Management is focusing on 'sell-out' distribution strategies and brand building, doubling ad spends year-on-year.
Havells Q1 FY27 saw 19.7% revenue growth to Rs 6,510 crore, though PAT fell 15.3% to Rs 298 crore due to significantly doubled advertising spend.
Havells India Ltd reported revenue from operations of ₹6,518 Cr (+19.5% YoY) and net profit of ₹289.7 Cr (-16.6% YoY) for Q1 FY27.
Havells India is investing Rs.255 Crore to expand cable manufacturing capacity at its Tumakuru facility. Capacity will reach 7,34,640 Kms per annum by December 2027.
Havells India appointed Mr. Ashish Parikh as President & SBU Head effective July 16, 2026. He brings over 25 years of experience from Diageo, Reckitt, and Marico.
Havells India enters the Battery Energy Storage System segment through a strategic collaboration with Norway-based Pixii AS. The partnership focuses on local manufacturing and co-developing solutions.