Havells’ consolidated revenue rose 34.6% year-on-year to ₹6,432 crore in Q2FY27. However, Ebitda increased at a relatively slower pace of 30.8% to ₹573 crore, with margin contracting to 8.9% from 9.2% a year ago. Ebitda performance was affected by subdued contribution margins, particularly in cables, offsetting some of the benefit from stronger revenue growth. Ebitda stands for earnings before interest, tax, depreciation and amortization.
