HAVELLS INDIA
Havells India Limited is an Indian electrical equipment company headquartered in Noida. It was founded in 1958 and deals with domestic, commercial, and industrial electrical appliances. Havells have the most diverse portfolio in electrical products with 16 business verticals. The company has 40 branch offices, 13 manufacturing plants, 1000+ strong dealer network and a presence in over 50+ countries. Havells India owns some brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptech.
Havells believes in touching many aspects of human life. With children at the core, our CSR efforts revolves around, eight strong pillars of Health & Nutrition, Education, Skill Development, Sanitation, Healthcare, Environment, Heritage Conservation, and other Humanitarian causes. The commendable impacts by the company till date are that over ninety million meals served since 2005, feeding over 60,000 students daily across 693 government schools, over 2700 pairs of tables and benches donated to schools, over 4000 bio-toilets built in over 400 schools, over 78000 girls benefitting from reusable sanitary pads, over 6.5 lac trees planted.
As a part of company’s latest CSR initiative, Havells covered COVID-19 vaccination costs for all its employees above 18 years. Recently, Havells carried out a robust vaccination program and successfully vaccinated 95% percent of its direct and indirect employees above 45 years of age. Also, company launched Anti-Viral Anti-Bacterial switch range to promote the safe lifestyle.
For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs3,375.87 Crore, up 5.02% from last quarter’s total income of Rs 3,214.24 Crore and up 43.60% from last year same quarter’s total income of Rs 2,238.22 Crore. The company has reported a net profit after tax of Rs 303.83 Crore in the latest quarter. The Board of Directors decided to recommend a Final Dividend @ Rs. 3.50 per equity share of Re. 1/- each for the financial year 2020-21. The results of Q4 were competent.
