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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 , Noida - 201 304 Tel . # 0120-3331000 ; Fax # 0120-3332000 , Email : investors@havells.com CIN : L31900DL1983PLC016304 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30 , 2021 Quarter Ended S.N 1 Income Particulars 30 - Sep - 21 Unaudited 30 - Jun - 21 Unaudited 30 - Sep - 20 Unaudited Half Year Ended 30 - Sep - 21 Unaudited 30 - Sep - 20 Unaudited ( Rs In Crores ) Year Ended 31 - Mar - 21 Audited a ) Revenue from operations b ) Other Income Total Income 2 Expenses 3,221.03 33.27 3,254.30 2,598.20 34.19 2,632.39 2,451.76 79.23 2,530.99 5819.23 67.46 5886.69 3930.88 111.44 4042.32 10,427.92 187.82 10,615.74 a ) Cost of raw materials and components consumed 1,900.06 1,294.76 1,262.72 3194.82 1752.31 5,390.51 b ) Purchases of traded goods 462.86 310.35 375.60 773.21 553.55 1,615.46 c ) Change in inventories of finished goods , traded goods and work in progress etc ( 245.40 ) 66.15 ( 172.79 ) ( 179.25 ) 125.74 ( 531.07 ) d ) Employee benefits expense 249.43 232.49 214.49 481.92 391.02 885.33 e ) Finance costs 11.11 10.95 17.27 22.06 33.99 72.64 f ) Depreciation and amortisation expense 62.34 61.58 59.09 123.92 119.49 248.86 4 g ) Other expenses Advertisement and sales promotion Others Total Expenses 3 Profit before tax ( 1-2 ) Income tax expenses a ) Current tax . b ) Deferred tax ( Credit ) / Charge 32.55 377.90 2,850.85 403.45 45.17 19.36 77.72 296.17 2,317,62 314.77 331.70 2,107.44 423.55 674.07 5168.47 718.22 25.42 531.30 3532.82 509.50 132.55 1,369.88 9,184.16 1,431.58 97.86 4.03 77.99 2.48 90.19 175.85 106.70 339 35 8.46 6.51 14.56 Total tax expense 101.89 80.47 98.65 182.36 121.26 52.59 391.94 5 Profit for the period ( 3-4 ) 301.56 234.30 324.90 535.86 388.24 1,039.64 6 Other Comprehensive Income / ( Loss ) Items that will not be reclassified to profit and loss in subsequent period towards re measurement gains / ( loss ) on defined benefit plans ( 1.58 ) ( 1.31 ) ( 1.26 ) ( 2.89 ) ( 2.50 ) ( 2.70 ) Income tax relating to Items that will not be reclassified to profit and loss in subsequent period 0.40 0.33 0.32 0.73 0.63 0.68 Other Comprehensive Income / ( Loss ) for the period net of tax ( 1.18 ) ( 0.98 ) ( 0.94 ) ( 2.16 ) 7 Total comprehensive income for the period , net of tax ( 5 + 6 ) 300.38 233.32 8 Paid up equity share capital ( Face value of Re.1 / - each ) 62.63 62.63 323.96 62.60 533.70 ( 1.87 ) 386.37 ( 2.02 ) 1,037.62 62.63 62.60 9 Reserves ( excluding revaluation reserve shown in the balance sheet ) 62.60 5,101.85 10 Earnings per equity share ( EPS ) ( Nominal value of Re . 1 / -each ) ( not annualised ) : a ) Basic ( Rs . ) b ) Diluted ( Rs . ) 4.81 4.81 3.74 3.74 5.19 5.19 8.56 8.56 6.20 6.20 16.61 16.61 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 amendment 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 October 20 , 2021. 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 expressed an unmodified report on the above results . 3 The Indian Parliament has approved the Code on Social Security , 2020 , which would impact the contributions by the Company towards Provident Fund and Gratuity . The effective date from which the changes are applicable is yet to be notified and the final rules are yet to be framed . The Company will carry out an evaluation of the impact and record the same in the financial results in the period in which the Code becomes effective and the related rules are published . 4 The Company has made an assessment of the impact of the continuing Covid - 19 pandemic on its current and future operations , liquidity position and cash flow giving due consideration to the internal and external factors . The Company is continuously monitoring the situation and does not foresee any significant impact on its operations and the financial position as at September 30 , 2021 . 5 The Board of Directors of the company has declared an interim dividend of Rs . 3 / - per equity share of Re 1 / - each Place Noida Date October 20 , 2021 house & Co Chartered LLPIN AAG - 4362 Gurugram countant For and on behalf of the Board Havells India Limited Chairman and Managing Director