Havells Q2 net up marginally at Rs 120.72 crore

Mumbai: Electrical goods maker Havells India has reported a marginal increase in standalone net profit at Rs 120.72 crore for the second quarter ended September 30, 2015-16.

The company had posted a net profit of Rs 119.61 crore for the same period of previous fiscal, Havells India Ltd said in a BSE filing.

Its net sales during July-September quarter of the current financial year, however, declined by 1.04% to Rs 1,339.01 crore as compared to Rs 1,353.12 crore during the same period of 2014-15, it said.

Shares of Havells India were trading at Rs 243.95 apiece, up 0.93% from their previous close on the BSE.