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Havells Q1FY12 Net Revenue up by 15% to Rs 1496 crore (consolidated) Net profit up 43 per cent at Rs 80 crore (consolidated)

New Delhi, August 01, 2011: Havells India Ltd, a US $1.2 billion enterprise and one of Indias fastest growing electrical and power distribution equipment companies, today announced its first quarter performance ended 30thJune, 2011. Standalone Performance Net Income grew by 16 per cent to Rs 800 crore during the first quarter ended June 30, 2011 compared to Rs 689 crore in the corresponding quarter ended June 30, 2010. During the period under review EBIDTA grew by 8 per cent to Rs 85.7 crore as against Rs 79.6 crore in the corresponding quarter previous year ended June 30, 2010. Net Profit grew by 8 per cent to Rs 57.50 crore for the period ended June 30, 2011 compared to Rs 53.33 crore in the corresponding quarter previous year. Consolidate Performance Net Income grew by 15 per cent to Rs 1,496 crore during the first quarter ended June 30, 2011 compared to Rs 1,304 crore in the corresponding quarter ended June 30, 2010. Net Profit grew by 43 per cent to Rs 80 crore for the period ended June 30, 2011 compared to Rs 56 crore in the corresponding quarter previous year. Sylvania Global Posted a 37 per cent rise in EBIDTA at 7.8 million compared to 5.7 million in the corresponding quarter ended June 30, 2010. Revenues maintained at 106 million during the quarter ended June 30, 2011 compared to 105 million to the corresponding quarter ended June 30, 2010. Profit before tax surged by 312 per cent to 3.3 million compared 0.8 million in the corresponding quarter previous year. Segment-wise Revenue Analysis (Standalone) Switchgears Continued impact of declining export due to closure of the OEM contract from UK based company. The domestic revenue grew by 10%. Cables & Wires Q1FY12 Rs 356.5 crore as against Q1FY11 Rs 283.5 crore up 26%, Growth in Cable & Wires division also driven by price increase

necessitated by increased material cost. Lighting & Fixtures Q1FY12 Rs 121.0 crore as against Q1FY11 Rs 100.3 crore, up 21% Electrical Consumers - Q1FY12 Rs 134.2 crore as against Q1FY11 Rs 117.9 crore, up 14% Despite the seasonal impact, fan division grew by 10% on y-o-y basis. North India has observed lesser intensity of summer season. Q1FY12 includes Rs.4 crore revenue from water heater as compared to nil during Q1FY11.

Management Comments Commenting the financial performance Anil Gupta, joint managing director (JMD), Havells (India) said, "We believe that the company is well poised to benefit from growing construction sector and strong consumer spending in India. We have already established a strong distribution platform of 4,300 dealers and 35,000 retailers. Through this, we have edge launching new products." Further, "Successful restructuring exercise of Sylvania has already started bearing fruits as we have already started shifting our manufacturing base for Sylvania to India and increase sourcing of lighting products from India." 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, Electrical Water Heaters, Power Capacitors, CFL Lamps, Luminaires for Domestic, Commercial & Industrial applications & Modular Switches 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. With 94 branches / representative offices and over 8000 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 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 more information, please write to: Havells India Ltd Mutual PR Mohd. Eqram Vikas Mahajan / Amit Arora +91 9811448611 +91 9953619912 / +91 9811154140 Mohd.eqram@havells.com vikas@mutualpr.com / amit@mutualpr.com

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