Preview: Havells Q2 net profit seen 28% up at Rs 90 crore

NEW DELHI: Havells India Ltd is slated to come out with its second quarter results for the financial year 2013 on Monday. The leading fast moving electrical goods (FMEG) company is expected to report a 28 per cent jump in its standalone net profit for the quarter ended September 30 to Rs 90 crore from Rs 70 crore reported in the year-ago period, according to ET Now estimates.

Net sales of the company are likely to grow by 22 per cent for the September quarter to Rs 1035 crore from Rs 850 crore reported in the year-ago period.

EBITDA is seen at Rs 128 crore, or 24 per cent jump in the second quarter of the financial year 2013, compared to Rs 103 crore in the year ago period. EBITDA margins are likely to expand to 12.4 per cent from 12.10 per cent reported in the year ago period.