Havells Q2FY12 Consolidated Net Revenue up by 19% to Rs.

1585 crore Consolidated Net profit up 16% at Rs 81 crore

New Delhi, 1st November, 2011: Havells India Limited, one of the largest & India's fastest growing electrical and power distribution equipment manufacturer today announced its financial results for the second quarter ended 30 th September, 2011 (Q2/H1 FY12).(which includes Rs.30 crore loss due to foreign exchange fluctuations.) The operational profit growth is 39% as compared to corresponding quarter. Consolidated Performance (Q2 FY12 VS Q2 FY11) Net Revenue grew by 19% to Rs.1585 crore during the second quarter ended September 30, 2011 compared to Rs.1335 crore in the corresponding quarter ended September 30, 2010. EBIDTA grew by 39% to Rs.171 crore as against Rs.123 crore in the corresponding quarter previous year ended September 30, 2010. Net Profit grew by16% to Rs 81 crore for the period ended September 30, 2011 compared to Rs.69.5 crore in the corresponding quarter previous year. Standalone Performance (Q2 FY12 VS Q2 FY11) Net Revenue grew by 25% to Rs.826.3 crore during the second quarter ended September 30, 2011 compared to Rs.661.30 crore in the corresponding quarter ended September 30, 2010. EBIDTA grew by 38% to Rs.107.4 crore as against Rs.77.6 crore in the corresponding quarter previous year ended September 30, 2010. Net Profit grew by 9% to Rs. 63.6 crore for the period ended September 30, 2011 compared to Rs.58.1 crore in the corresponding quarter previous year. Sylvania Global (Q2 FY12 VS Q2 FY11) Posted a 30% rise in EBIDTA at 8.6 million compared to 6.6 million in the corresponding quarter ended September 30, 2010. Revenues grew by 3% to 115 million during the quarter ended September 30, 2011 compared to 112 million to the corresponding quarter ended September 30, 2010. Profit after tax surged by 31% to 1.7 million as compared 1.3 million in the corresponding quarter previous year. Other Highlights Entered into Small Home Appliances Segment Completes the merger of Standard Electrical limited Expanded its switchgear manufacturing capacity by 100%, opened an

additional plant at Sahibabad Industrial Area, Ghaziabad (U.P) Launched new range of Electric Water Heaters Expands the Havells Galaxy chain by opening 6 more stores in Anand, Secundrabad, Hyderabad, Ghaziabad, Belgaum and Jamshedpur taking the total galaxy figure to 103.

The performance of the switchgear sales showed a growth of 13% to Rs.197.7 crore from Rs.174.7 crore achieved in the corresponding quarter of the previous year. The cable & wire business segment showed a growth of 30% to Rs.369.2 crore as against Rs.283.9 crore. Lighting and fixtures segment registered Revenue of Rs.137.4 crore as against Rs.105.3 crore showing a growth of 30%. The Electrical consumer durables grew 26% with revenue of Rs.122 crore as against Rs.97.1 crore in the corresponding quarter of the previous year. Management Comments Commenting the financial performance Anil Gupta, joint managing director (JMD), Havells (India) said, "We expect to consolidate upon the present growth trends on the back of increasing our product portfolio in India and stabilization of Sylvania operations overseas. ABOUT HAVELLS 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, Water Heaters and Domestic Appliances 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 & Standard. 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 12 state-of-the-art manufacturing units in India located at Haridwar, Baddi, Noida, Faridabad, 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 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 more information, please contact: Amit Arora / Vikas Mahajan Mutual PR 9811154140 / 9953619912