Outcome of Board Meeting

17th July 2026 The National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G Block Dalal Street Bandra Kurla Complex Mumbai- 400 001 Bandra (E) Mumbai- 400 051 Scrip Code : 517354 NSE Symbol : HAVELLS Sub: Limited Reviewed Un-Audited Standalone and Consolidated Financial Results for the First Quarter ended 30th June, 2026 Dear Sir, In terms of Regulations 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with corresponding circulars and notifications issued thereunder, please find enclosed herewith, the extracts of the Unaudited Standalone and Consolidated Financial Results of the Company for the first quarter ended 30th June, 2026 as approved by the Board of Directors in its meeting held today i.e. 17th July, 2026 which commenced at 12:00 pm and concluded at 2:05 pm. These results are limited reviewed by the Auditors of the Company. The Limited Review Report submitted by the Auditors of the Company is also enclosed with the results. The above is for your information and records. Thanking you. Yours faithfully, for Havells India Limited (Sanjay Kumar Gupta) Company Secretary Encl: as above HAVELLS INDIA LIMITED Regd. Off. : 904, 9th Floor, Surya Kiran Building, KG Marg, Connaught Place, New Delhi - 11 O 001 Corporate Off. : QRG Towers, 2D, Sector -126, Expressway, Noida -201 304 Tel.# 0120-3331000; Fax# 0120-3332000, Email: investors@havells.com CIN: L31900DL1983PLC016304 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30,2026 (Rs. in crores) Quarter Ended Year Ended S.No. Particulars 30-Jun-26 31-Mar-26 30-Jun-25 31-Mar-26 Unaudited Audited Unaudited Audited (Refer note-5\ 1 Income a) Revenue from operations 6,509.97 6,687.68 5,437.81 22,465.56 b) Other Income (refer note 6) 54.13 325.85 69.06 523.90 Total Income 6,564.10 7,013.53 5,506.87 22,989.46 2 Exoenses a) Cost of raw materials and components consumed 4,023.54 3,548.54 3,012.26 12,345.89 b} Purchases of traded goods 960.51 775.87 670.94 2,935.01 c) Changes in inventories of finished goods, traded goods and work in progress (511.21) 269.47 (65.68) (235.81) d) Employee benefits expense 524.37 503.60 494.86 1,960.76 e) Finance costs 7.35 9.87 9.36 37.30 f) Depreciation and amortisation expense 119.82 111.05 105.05 429.10 g) Net impairment losses on financial and contract assets-Provision for doubtful debts, etc. 2.32 (3.50) 3.60 1.42 h) Other expenses Advertisement and sales promotion 285.73 174.95 142.30 602.26 Others 750.66 691.16 659.62 2,642.77 Total Expenses 6,163.09 6,081.01 5,032.31 20,718.70 3 Profit before exceptional item and tax (1-2) 401.01 932.52 474.56 2,270.76 4 Exceptional Item (refer note 3) 45.03 5 Profit before tax (3-4) 401.01 932.52 474.56 2,225.73 6 Income tax expense a) Current tax 101.95 134.96 126.06 461.05 b) Deferred tax {( Credit)/ Charge} 0.63 63.32 (3.84) 59.26 Total tax expense 102.58 198.28 122.22 520.31 7 Profit for the period (5-6) 298.43 734.24 352.34 1,705.42 8 Other Comprehensive lncome/(Loss), for the period Items that will not be reclassified to profit or loss Re-measurement aains / (loss) on defined benefit plans 0.75 2.41 /1.51) 11.69 Income tax effect on the above (0.19) (0.60) 0.38 (2.94) Other Comprehensive lncome/(Loss) for the period, net of tax 0.56 1.81 (1.13) 8.75 9 Total comprehensive income for the period, net of tax (7+8) 298.99 736.05 351.21 1,714.17 10 Paid up equity share capital (Face value of Re.1/-each) 62.76 62.73 62.72 62.73 11 Other equity 9,413.56 12 Earnings per equity share (EPS) (Nominal value of Re. 1/-each) (not annualised): a) Basic EPS (Rs.) 4.76 11.70 5.62 27.19 b) Diluted EPS (Rs.) 4.75 11.70 5.62 27.18 Notes: 1 These standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 and relevant amendments thereafter. 2 The above financial results have been reviewed by the Audit Committee. These results have been approved by the Board of Directors at their meeting held on July 17, 2026. Limited review under regulation 33 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015 has been carried out by the statutory auditors of the Company. The auditors have issued an unmodified report on the above results. 3 Pursuant to the notification of the 'New Labour Codes' as issued in November 2025, the Company reassessed its employee benefit obligations in accordance with the revised definition of wages and accordingly, an incremental liability of ~ 45.03 crores had been disclosed as an "Exceptional Item" in financial year 2025-26. 4 During the quarter, the company has made the following allotment of equity shares: (a) Allotted 1, 14,191 equity shares of Re. 1/-each to eligible employees of the Company under Havells Employees Stock Purchase plan 2014. (b) Allotted 1,50,000 equity shares of Re. 1/-each to eligible employees of the Company under Havells Employees Stock Purchase plan 2015. (c) Allotted 40,619 equity shares of Re. 1/-each to eligible employees of the Company under Havells Employees Stock Purchase plan 2016. 5 The figures of the March quarter are the balancing figures between audited figures in respect of the full financial year up to March 31, 2026 and the unaudited published year-to- date figures up to December 31, 2025, which were subjected to limited review. 6 Other income for the quarter ended March 31, 2026, include fair value gain on investment amounting to Rs 282.74 crores. For and on behalf of the Board r~- lls lnldia Limited Place : Naida \.PINI 436 ~ -fr, e >ot Cr- Date : July 17, 2026 ~ff (Anil Rai Gu~a) 0402 EIE.ol)c:,l:S c,' Chairman and Managing Director c l/f ~ .. 1.\"" HAVELLS INDIA LIMITED Regd. Off. : 904, 9th Floor, Surya Kiran Building, KG Marg, Connaught Place, New Delhi - 110 001 Corporate Off. : QRG Towers, 2D, Sector -126, Expressway, Naida -201 304 Tel.# 0120-3331000; Fax# 0120-3332000, Email: investors@havells.com CIN: L31900DL1983PLC016304 STATEMENT OF UNAUDITED STANDALONE SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER ENDED JUNE 30,2026 (Rs. in crores) S.No Particulars Quarter Ended Year Ended 30-Jun-26 31-Mar-26# 30-Jun-25# 31-Mar-26# Unaudited Audited Unaudited Audited (Refer note-5) 1 Segment Revenue (Sales and other operating revenue) a) Switchgears 607.63 735.23 629.57 2,584.56 b) Cables 2,455.62 2,474.13 1,933.22 8,676.70 c) Lighting & Fixtures 390.27 438.04 373.54 1,654.68 d) Electrical Consumer Durables 1,113.07 1,082.39 993.48 4,309.20 e) Lloyd Consumer 1,459.62 1,513.82 1,261.85 3,948.00 f) Renewables . 314.34 259.40 93.59 651.07 g) Others 169.42 184.67 152.56 641.35 Total 6,509.97 6,687.68 5,437.81 22,465.56 Less : Inter Seqment R~venue - - - - Total Segments Revenue 6,509.97 6,687.68 5,437.81 22,465.56 2 Segment Results a) Switchgears 126.68 171.75 147.50 589.74 b) Cables 254.52 351.37 242.63 1,137.63 c) Lighting & Fixtures 44.44 94.67 46.19 248.00 d) Electrical Consumer Durables 58.33 111.17 78.76 360.45 e) Lloyd Consumer (51.02) (25.69) (19.71) (202.95) f) Renewables 8.35 18.35 11.24 21.19 g) Others 7.94 11.92 5.11 21.57 Total 449.24 733.54 511.72 2,175.63 Add : (i) Other un-allocable Income (refer note 6) 54.13 325.85 69.06 523.90 Less: (i) Finance cost (7.35) (9.87) (9.36) (37.30) (ii) Other un-allocable expenses (95.01) (117.00) (96.86) (391.47) (iii) Exceptional Item (refer note 3) - - - (45.03) Total Profit before tax 401.01 932.52 474.56 2,225.73 3 Segment Assets a) Switchqears 839.48 779.53 787.36 779.53 b) Cables 3,727.88 2,848.54 2,346.13 2,848.54 c) Liqhtinq & Fixtures 581.78 524.24 641.45 524.24 d) Electrical Consumer Durables 1,444.75 1,397.51 1,422.79 1,397.51 e) Lloyd Consumer 4,199.30 4,470.35 4,104.12 4,470.35 f) Renewables 211.73 157.12 162.03 157.12 q) Others 196.99 173.70 177.45 173.70 [Showing first 8,000 characters — download PDF for full document]