Havells India announced that CARE Analytics and Advisory (CAAPL) has assigned the rating `CG 2+` (CG Two Plus) to the overall performance of corporate governance of the company. Grading is assigned on a six-point scale with CG 1 being the highest and CG 6 being the lowest. CAAPL`s CG grading is a measure of overall performance of the corporate governance on the following broad range of parameters. The CG rating is valid for a term period of one year from the date of issuance.Powered by Capital Market - Live News

Net profit of Havells India rose 42.09% to Rs 407.90 crore in the quarter ended June 2024 as against Rs 287.07 crore during the previous quarter ended June 2023. Sales rose 20.12% to Rs 5806.21 crore in the quarter ended June 2024 as against Rs 4833.80 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales5806.214833.80 20 OPM %9.868.32 - PBDT641.02458.34 40 PBT549.00382.05 44 NP407.90287.07 42 Powered by Capital Market - Live News

Havells India will hold a meeting of the Board of Directors of the Company on 18 July 2024.Powered by Capital Market - Live News

Havells India announced its entry into the kitchen appliances market through a strategic partnership with Jumbo Group, a leading distributor of consumer electronics and technology products in the UAE. This alliance is set to bolster Havells product portfolio and market reach while enabling Jumbo Group to establish a significant presence in the Middle East. The partnership will see the launch of Havells India`s premier kitchen appliances, including advanced mixer grinders starting with online availability on Jumbo`s e-commerce website jumbo.ae followed by retail store distribution. Havells` energy efficient appliances come equipped with advanced technology, super quality, and design. At a later stage, the Havells product line-up will be extended to include premium juicers and state-of-the-art air fryers, which will also be available in-store at Jumbo Electronics outlets and online. As part of the tie-up, Jumbo will also undertake distribution to retailers in UAE to develop brand presence in MEA (Middle East & Africa).The Havells line-up offered by Jumbo Group will be backed up by Jumbo Serve, the UAE`s leading ISO 9001 certified after-sales service provider, that will manage the warranty and contract service of the full suite of Havells products sold in the UAE.Powered by Capital Market - Live News

Havells India announced that the Annual General Meeting(AGM) of the company will be held on 28 June 2024.Powered by Capital Market - Live News