Q2 revenue rises 35%, but profit and cash flow lag
HAVELLS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts more than Nifty Midcap 150 and 2.5 pts more than its Consumer Electronics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 FY2026 consolidated revenue rose 35% year on year to Rs 6,431.99 crore. Profit rose 10% to Rs 349.22 crore and EPS was Rs 5.57, while the profit margin narrowed. In April to September, revenue rose 27%, but profit fell 4%. Cash from operations was negative Rs 162.30 crore. FY2025-26 included a Rs 45.03 crore exceptional labour-code charge.
Strong sales growth helps, but narrower margins and cash outflow from operations may limit near-term stock price gains.