Renewables lead
Within Havells’ segments, Q1FY27 cables revenue rose 27% on-year, led by pricing to ₹2,455 crore. The newly carved-out renewables business revenue surged 236% to ₹314 crore on a low base, aided by demand for solar products. Lighting and fixtures grew 4.5% to ₹390 crore. On the other hand, switchgear revenue fell by 4% as exports were disrupted by the war in West Asia.
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