Havells Q4 PAT Jumps 40.6% to ₹734 Crore

• Havells reported Q4 FY26 net profit of ₹734 crore, up 40.6% YoY, boosted by a ₹283 crore unrealized fair value gain on its Goldi Solar investment.
• Net revenue grew modestly by 2.4% YoY to ₹6,688 crore, impacted by a delayed summer affecting Lloyd consumer and ECD segments.
• The company maintained a disciplined spend with EBITDA at ₹728 crore (10.9% margin) and reported strong annual PAT growth of 14.5% for FY26.
• Significant capex of ₹1,484 crore was undertaken in FY26, primarily for capacity addition in Cables and Refrigerators.