Havells India Limited

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ecretary Encl: as above ... HAVELLS STANDARD HAVELLS INDIA LTD. Corporate Office: QRG Towers, 2D, Sector 126, Expressway, Naida - 201304, U.P (INDIA) Tel : +91-120-3331000, Fax: +91-120-3332000

14%

................................8 2 Q1 FY24 (Quarter Ended June 30, 2023) 14% YoY Net Revenue Growth Rs 402 crores 8.3% EBITDA Rs 287 crores 6.0% PAT Rs 2,781 crores

Rs 402 crore

..8 2 Q1 FY24 (Quarter Ended June 30, 2023) 14% YoY Net Revenue Growth Rs 402 crores 8.3% EBITDA Rs 287 crores 6.0% PAT Rs 2,781 crores Net Cash Q1 FY24 Q1 FY23 YoY (%)

8.3%

Q1 FY24 (Quarter Ended June 30, 2023) 14% YoY Net Revenue Growth Rs 402 crores 8.3% EBITDA Rs 287 crores 6.0% PAT Rs 2,781 crores Net Cash Q1 FY24 Q1 FY23 YoY (%) Q4 F

Rs 287 crore

1 FY24 (Quarter Ended June 30, 2023) 14% YoY Net Revenue Growth Rs 402 crores 8.3% EBITDA Rs 287 crores 6.0% PAT Rs 2,781 crores Net Cash Q1 FY24 Q1 FY23 YoY (%) Q4 FY23 1. P&L Summary –

6.0%

r Ended June 30, 2023) 14% YoY Net Revenue Growth Rs 402 crores 8.3% EBITDA Rs 287 crores 6.0% PAT Rs 2,781 crores Net Cash Q1 FY24 Q1 FY23 YoY (%) Q4 FY23 1. P&L Summary – Quarter

Rs 2,781 crore

30, 2023) 14% YoY Net Revenue Growth Rs 402 crores 8.3% EBITDA Rs 287 crores 6.0% PAT Rs 2,781 crores Net Cash Q1 FY24 Q1 FY23 YoY (%) Q4 FY23 1. P&L Summary – Quarterly (In Rs crores)

17.7%

fit as a % of NR Other Comprehensive Income/(Loss) Total Comprehensive Income 4,824 856 17.7% 4,230 726 17.2% 76 134 2.8% 395 8.2% 402 8.3% 76 8 8 57 382 7.9%

17.2%

ther Comprehensive Income/(Loss) Total Comprehensive Income 4,824 856 17.7% 4,230 726 17.2% 76 134 2.8% 395 8.2% 402 8.3% 76 8 8 57 382 7.9% 95 287 6.0% (1)

2.8%

Income/(Loss) Total Comprehensive Income 4,824 856 17.7% 4,230 726 17.2% 76 134 2.8% 395 8.2% 402 8.3% 76 8 8 57 382 7.9% 95 287 6.0% (1) 286 72 113

8.2%

Total Comprehensive Income 4,824 856 17.7% 4,230 726 17.2% 76 134 2.8% 395 8.2% 402 8.3% 76 8 8 57 382 7.9% 95 287 6.0% (1) 286 72 113 2.7% 324

7.9%

17.7% 4,230 726 17.2% 76 134 2.8% 395 8.2% 402 8.3% 76 8 8 57 382 7.9% 95 287 6.0% (1) 286 72 113 2.7% 324 7.7% 361 8.5% 72 10 -2 48 327

“Havells will be issuing fresh Information Update, like the one you are reading now; on the day it declares its Financial Results.”

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Corporate Office

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Results Summary

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Information Update on the Unaudited Financial Results Q1 2023-24 Dear Sir, In furtherance to the un-audited standalone and consolidated financial results of the Company viz . Havells India Limited already forwarded to the stock exchanges this day in compliance of ' Regulations 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, also please find enclosed herewith an information update on the financial results of the Company for the first quarter ended 30th June, 2023 . The above is for your information and records . Thanking you . Yours faithfully, for ells India Limited (Sanja Kumar Gupta) Company Secretary Encl: as above ... HAVELLS STANDARD HAVELLS INDIA LTD.

Corporate Office

QRG Towers, 2D, Sector 126, Expressway, Naida - 201304, U.P (INDIA) Tel : +91-120-3331000, Fax: +91-120-3332000 E-mail : marketing@havells.com, www.havells.com Reg istered Office: 904, 9th Floor, Surya Kiran Building, K.G. Marg, Connaught Place , New Delhi - 110001. (INDIA) For CARE 360, Call us: for Ha};'.ells: 08045771313, for Lloyd: 08045775666 CIN : L31900DL1983PLC016304 GROUP " HAVELLS Havells India Limited Q1 FY24 {Quarter Ended June 30, 2023} {Un-audited Financial Results} [ .CA I Srabtree • M [ S HAVELLS STANDARD Table of Contents (Havells India Standalone) 1. P&L Summary – Quarterly ................................................................................................................................3 2. Segment Wise – Quarterly ................................................................................................................................4 3. Balance Sheet ................................................................................................

Results Summary

• Sluggish consumer demand, though seems to pickup lately • Infrastructure/ construction upcycle continues • Cooling products impacted by unseasonal rains • Overall margins maintained 4,850 909 18.7% 77 110 2.3% 346 7.1% 531 10.9% 77 10 15 32 490 10.1% 129 362 7.5% (5) 357 3 2. Segment Wise – Quarterly 2.1 Revenue Analysis (In Rs crores) Switchgears Cable Lighting & Fixtures Electrical Cons. Durables Others Sub Total Lloyd Consumer Total Q1 FY24 Q1 FY23 YoY (%) Q4 FY23 541 1,485 367 877 248 3,518 1,305 4,824 517 1,193 371 838 228 3,146 1,084 4,230 5% 24% (1)% 5% 9% 12% 20% 14% 601 1,568 413 749 254 3,586 1,264 4,850 • Normalization in channel inventory in Switchgear post a strong 27% revenue growth in Q4 • Deflationary trend in LED impacting the consumer lighting revenues; healthy growth in professional lighting • Disrupted summer impacted fans sales • Lloyd grew decently despite unfavourable season 2.2 Contribution Margin* Analysis (In %) Switchgears Cable Lighting & Fixtures Electric