Havells India Limited — Investor Meet, 22-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Havells India Limited reported a solid Q2 FY25 performance driven by increased consumer demand ahead of the festive season. The recent commissioning of a new cables plant in Tumkur is expected to enhance capacity, supported by an additional INR450 crore investment. While advertising expenditures impacted margins, the company anticipates a return to normalized levels in upcoming quarters. There is notable growth in personal grooming and water purification segments, with strong B2C growth outpacing B2B.