Havells Cuts Ad Spend by 13% in Q3 FY26 Despite Profit and Revenue Growth

• Havells India Ltd reduced its advertising and promotional expenditure by 13.3% year-on-year in Q3 FY26, spending Rs 154 crore.
• The company reported a 6.6% rise in net profit to Rs 301 crore and a 14.2% increase in net revenue to Rs 5,573 crore.
• The cables and wires business was the largest revenue contributor, generating Rs 2,241 crore.
• Electrical consumer durables, switchgears, and lighting and fixtures also contributed significantly to revenue.
• Lloyd Consumer, Havells' durables arm, saw a 6.5% decline in revenue to Rs 694 crore in Q3 FY26.

Why It Matters: Havells strategically cut ad spend while achieving profit and revenue growth, driven by strong cable sales.