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Havells India Reports Nearly 10% Rise in Second-Quarter Profit

Havells India said profit rose nearly 10% in the second quarter, helped by strong demand across its portfolio, including wires, cables and home appliances.

HAVELLS

Havells India, a maker of consumer electronics and power distribution equipment, said second-quarter profit rose nearly 10% on Thursday. Strong demand across its portfolio, which includes wires, cables and home appliances, supported the increase. The exchange rate was $1 = 94.8100 Indian rupees.