Havells India: Cables business grows 23 per cent in Q2FY25
Havells India reported a revenue increase of 22.8% year-on-year in its cables business for Q2 FY25 (July to September). Revenue reached Rs 18.05 billion, up from Rs 14.70 billion in Q2 FY24. Anil Rai Gupta, Chairman & Managing Director of Havells India, highlighted the growth across categories, driven by improving consumer demand and the festive season. However, he noted that margins were impacted due to commodity price volatility. Gupta expressed optimism about future demand, citing…