Press Release

28th January 2010

Havells India Limited – Summary of Financial Performance for Q3, FY 2009-10

Financial Highlights – Third Quarter:

• Interim Dividend of 25%
• PAT up by 421% at Rs.58.93 Crores.
• EBIDTA up by 263% at Rs.79.50 Crores.
• Net Sales up by 22% at Rs.590.81 Crores.

Other Highlights:
• Merges “Standard Electricals Limited” with itself
• Enhanced the Havells Galaxy Chain by opening 4 more stores In Raipur, Chennai,
Ganganagar. Total stores now at 33
• New launches products in the area of Commercial Lighting and fans
• Focused on retail and consumer level promotions

Highlights

Havells India Limited today announced its results for Q2 FY2009-10. Reflecting on the performance, Mr. Anil
Gupta, Joint Managing Director, Havells India, said:

“We had an excellent quarter led by improved margins and sound volume growth, the trend is expected to
continue in the coming quarters as well. We are confident to deliver strong performance across the product
range and geographic locations going forward.”

He further added that the merger of Standard Electricals with over Rs.100 crores of turnover is a strong
brand and was controlled by the same management, this will bring in substantial value to Havells India and
would be EPS accretive”.
Standard Electricals among the top 5 Switchgear brands in the domestic market for over 50 years. Their
state of the art manufacturing unit is located at Haridwar.

Comparison -Corresponding / Previous Quarter

Rs. in Crores

Qtr Ended December Qtr ended December

Particulars Increase %age
09 08
NET SALES / Income from
590.81 486.00 22%
Operations
EBIDTA 79.50 21.90 263%

EBIDTA % 13.5% 4.5%

Profit After Tax 58.93 11.36 421%

Q3/9M FY2010 v/s Q3/9M FY2009

Net Revenue during the quarter increased by 22% to Rs.590.81 Crores as against Rs.480.04 Crores reported during
the corresponding quarter of the previous year. For the 9 months period it has grown by 9% to Rs.1773.38 crores
from Rs.1624.74 crores.

The Profit After Tax increased by 421% to Rs.58.93 Crores in the present quarter as against Rs.11.36 Crores
reported in the corresponding quarter of the previous year. For the 9 months period it has grown by 68% to
Rs.162.40 crores from Rs.96.41 crores.

The Earning before interest, depreciation and tax (EBIDTA) increased by 263% to Rs.79.50 Crores as compared to
Rs.21.90 Crores in the corresponding quarter. For the months period it has grown by 68% to Rs.226.40 crores from
Rs.134.40 crores.

The performance of the switchgear sales showed a growth of 23% to Rs.169.01 crores from Rs.137.41 Crores
achieved in the corresponding quarter of the previous year. The cable & wire business segment was at Rs.248.50
showing a growth of 16% from Rs.213.48 crores during the quarter. 23% increase in lighting and fixtures segment
to Rs.93.66 Crores as against Rs.75.98 Crores. 42% growth in Electrical consumer durables with revenue of
Rs.70.23 Crores as against Rs.49.52 Crores in the corresponding quarter of the previous year.

About Havells India Limited

Havells India Ltd is a billion-dollar-plus organization, and is one of the largest & India's fastest growing electrical
and power distribution equipment manufacturer with products ranging from Industrial & Domestic Circuit
Protection Switchgear, Cables & Wires, Motors, Fans, Power Capacitors, CFL Lamps, Luminaires for Domestic,
Commercial & Industrial applications, Modular Switches, & Bathfittings covering the entire gamut of household,
commercial and industrial electrical needs. Havells owns some of the prestigious global brands like Crabtree,
Sylvania, Concord, Luminance, Linolite, & SLI Lighting.

With 94 branches / representative offices and over 5000 professionals in over 50 countries across the globe, the
group has achieved rapid success in the past few years. Its 8 state-of-the-art manufacturing plants in India
located at Haridwar, Baddi, Noida, Faridabad, Bhiwadi, Alwar, Neemrana, and 6 state-of-the-art manufacturing
plants located across Europe, Latin America & Africa churn out globally acclaimed products. Havells is a name
synonymous with excellence and expertise in the electrical industry. Its 20000 strong global distribution network
is prompt to service customers.

The company has acquired a number of International certifications, like BASEC, CSA, KEMA, CB, CE, ASTA, CPA,
SEMKO, SIRIUM (Malaysia), SPRING (Singapore), TSE (Turkey), SNI (Indonesia) and EDD (Bahrain) for various
products. Today, Havells and its brands have emerged as the preferred choice of electrical products for
discerning individuals and industrial consumers both in India and abroad.

For any further details, please write to:

marketing@havells.com