Havells India Q3: Revenue Beats Estimates, Profit Disappoints; Dividend Declared

• Havells India reported Q3FY26 standalone net profit of ₹301 crore, missing CNBC-TV18 poll estimate of ₹346 crore.
• Revenue for the quarter reached ₹5,573 crore, exceeding market expectations of ₹5,354 crore, marking a 14.2% year-on-year growth.
• EBITDA stood at ₹524 crore, slightly above the forecast of ₹518 crore, with margins improving to 9.4% from 8.8% year-on-year.
• The company declared an interim dividend of ₹4 per equity share, representing a 400% payout.
• Havells also approved an employee stock purchase plan, "Havells Employees Stock Purchase Scheme 2026," pending shareholder approval.

Why It Matters: Havells India's Q3 saw strong revenue growth and improved operating performance, but profit fell short of estimates.