ORG ‘a HAVELLS GROUP 27" January, 2016 The National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers: Plot No. C/1, G Block Dalal Street Bandra Kurla Complex Mumbai- 400 001, Bandra (E) ‘Mumbai- 400 051 Scrip Code : 517354 NSE Symbol : HAVELLS Sub: it it Nine months ended 31° December, 2015 Dear Sir, In terms of Regulations 30 and 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with corresponding circulars and notifications issued thereunder, please find enclosed herewith, the extracts of the Unaudited Standalone Financial Resutts of the Company for the third quarter and nine months ended 31 December, 2018 as approved by the Board of Directors in its meeting held today ie. 27 January, 2016, at the Corporate Office of the Company at QRG Towers, 2D, Sector ~ 126, Expressway, Noida (U.P.) - 201304, which commenced at 10:45 am and concluded at 1:26 pm, ‘These results are limited reviewed by the Auditors of the Company. The Limited Review Report submitted by the Auditors of the Company is also enclosed with the results The Stock Exchanges may also kindly note that subsequent to the shareholders approval by way of special resoluton(s) passed through postal ball e-voting on 18” January, 2076, the transactions) of sale of shares by the Company's wholly owned subsidiary ‘Havells Holdings Limited! with respect to 80% of its stake in ‘Havells Malta Limited’ (excluding its subsidiaries based in United States, Brazil, Chile and Thailand) to INESA UK Limited, an affiliate of Shanghai Feilo Acoustics Co. Limited and - sale of shares by the Company with respect to 80% of its stake in its wholly owned subsidiary “Havells Exim Limited’ to Shanghai Feilo investment Co. Ltd, an affiliate of Shanghai Feilo Acoustics Co. Limited have been completed and funds have been received. ‘The above is for your information and records. Thanking you. Yours faithfully, wells India Limited (Sanjay Gupta) ‘Company Secretary Encl: as above HAVELLS INDIA LTO. HAVELLS _SYLVAN/A Grabtree STANDARI 40ce: 1 Cov: La1900011983PLc036304AVELLS INDIA LIMITED. Regd. Of. 1, Rej Narain Marg, Civil Lines, Delhi - 110 054 Corporate Off. ORG Towers, 20, Seclor- 126, Expressway, Nolda -201 304 Tel. # 0120-3931000; Fax # 0120-3832000, Emal!Investors@havels.com ‘GIN: 13190001. 1983PLC0 16304 UNAUDITED STANDALONE FINANCIAL RESULTS: FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2015, since aaa eT ERT rere ba— corm S1DSSHE [oop | —sebeeta | arene | av Daas | Sean i sieadiagy ‘Gaui ras ia een ac Lan eae pee GSES ruc] remo] eseaal——eatae) —saseao] since Sree asi “ag] neal ate Seaeae ‘ee Pa a Ta ra|—1 tra taf an] —ar Temes er Gott ers ound casos] riase] crsan| amps] zrgoae| areas Ib mache teint tien] ess] “ino Seas] “Steat]a I) kaye rent sth goods. werknreress co ao] eae aa] ‘en siete a eararo 733| —ram| —es| aot nae a by eae Secon aad sa sos “tet ee IS basataton an aon merce io) eae ees] ean] er foreleg Facts ateon) ae iz] Gata) ee by Aeteencn Su escsroncsa ery saat) Sea] [3 Stereos see] otnts|_—_atdaa| | aa (Gyo oer oa a0) ‘oace| sar] sso ayaa] 07774] ea ee a Te ra a ope TE a 2 eeptona tome 2) tess] wel saraal nae] acne] rns 4 foe peane salou coo] sei] stad sal 5 Sars DOT ROR CO ceptor! tame 8 pl rrgasl nao] ——soeesl ars 22 Tf Ce 8 gj “st — oe z aS AS oar anes BOTS exceptional me =), mal amelie ‘oica| as es ee i : : : - [pt te ocr Ades ators T= a — iat aia a Ofer ee — a ft en arsine er oT) ane est eS — 12 ers ene ah cee . : : : 12 fet rot orp (+1 tay] —— ioral ea ——sennol ——sacol 42 [ts eau She Ca ee aT RT aaT cea] —— eee] ena] eral “en oa 46 Rorenes excretion reves as Ble shoal = : E aaiazs 7 pes ae FS tas ora TT Reese (nt sn ss anf Ouaes ro] ra] ss) 795 ing per tare EP) afer otordinary tems are isac) (wor snatae) sass on De sof 1s Pe us "The Boerd of Drectors of the Company n thelr meeting Ned on December 10,2018 has approved divestment plan upto TCO% in is subsidies! step down subsisares| hich s approved by the sharcholders ofthe Company tough postal ballet on Jaruar 18,2016, coneecuenty subsequent the quarter ond flowing evens happened (a) The Companys wholy onned subsiary Havels Holdings Limited comple cao of shares wih respect to 8O% os tke Havel: Nea Lino (eclaing te subsidies based In Unted Slates, Bart, Cie and Thai! to INESA UK Lire, an flat of Shana Fell Acousics Co. Limited, a China base sed company a an gree consideration of 138.40 allen Euro (equivalent o Re 1000.63 crore) subject ote and conan of shareholer" agreement. (0) The Company has competed sale of shares wh respect 0% ois take ne another whay canes eubelaryHavels Exim Lined! to Shangha Fei Investment Co. ud, an fiat of Shanghal Feo Acoustics Co, Listed, a China baci sted coxnpany at an apreed consideration of 1040 millon Euro (equvaen to Rs. 7587 cfres) subject terms and condone of shareholders! agreemor ‘Since te shareholders of the Comparvyhas approved Ue dvestmert plan subsecuont tothe querer end, te accourtin ofthe afoesalé vansscon wil be done nthe next ‘Tax xparso clude curent ax, doomed tax and WAT cred, Figures forthe previous periods have been regrouped and recessed to corto ote classiication the current period, where necessay. ‘The above financial rests have been reviewed by Bw Audi Commitee and aporoved by the Board of Directors at Ur mecing held on danuery 27, 2016 , The stator avators of he Company have conduct ited review ofthese fiancil esute For anon behalf of te Boars Havel nda Lita es ‘(Ant Rai Gupta} Nota, 27h January. 2016 Chatman & Monaging Dice[Particulars HAVELLS INDIA LIMITED Regd. Off. : 1, Raj Narain Marg, Civil Lines, Delhi - 110 054 Corporate Off. : ORG Towers, 2D, Sector - 126, Expressway, Noida - 201 304 Tel. # 0120-477 1000; Fax tt 0120-4772000, Email: investors@havells.com CIN: L31900DL.1983PLC016304 ‘SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED Qe 41]Net Segment Revenue ‘a) Switchgears b) Cable ©) Lighting & Fixtures 4) Electrical Consumer Durables Total Loss : Intor Segment Revenue ~ ~ - = ales Income from Operations "[a44d6| —~1340-83| 7947.44] 3067.44] 3880.20] 2}Segment Resulis |(Profi+)/ Loss(-) before Tax and Interest rom each Seament) a) Switchgears 131.49) 131.86] 112.46] 376.42] 348.42] 430.02 b) Cable 74.50] 7780 58.45] 225.13] 188.144 265.69 ©) Lighting & Fixtures 54.87] 46.73} 53.45] 136.26] 148.54 4196.86 «) Electrical Consumer Durables 7292 55.47; 56.42] 201.50] ___184.79} 257.95 Total '333.78| 311.66] 280.78] 939.31 e69.e9] 1150.52 Less : (i) Finance cost 1.99] 2.92] 7.48) 7.83| 16.37] 1757 {i) Other un-allocable expenses 160.65] 198.58] 11458] 440.46] 378.54) 495.70 ‘not of un-allocable income Total Profit before Tax 171.23| 170.16] 159.05] 491.02] 474.08) 646.25 [Capital Employed |(Segment Assets - Segment Liabilities) a) Switchgears 345.76] 347.74 309.26] 345.76] 309.26 276.28 b) Cable 386 .08| 412.38] 383.98] 386.08] 383.98] 291.75] ©) Lighting & Futures 242.03] 256.71 246.21 242.03] 246.24 22736] 4d) Electrical Consumer Durables. 202.36| 229.83] 253.29] 202.36] __253.29] 236 99] 7176.23[ 1246.63] 1192.74] 1176.23] 1192.74] 7032.38) €) Others-Unallocable 1552.51, 1961.34] 1286.68] 1552.51| __ 1286.68) 1943.44] Total 2728.74] —2607.97| 2479.42) 2728.74] 2479.42) 2375.70)'S.R. Batibo! & Co LLP V.R. Bansal & Associates Chartered Accountants Chartered Accountants Golf View Corporate Tower -B, 1.94, 9™ Eleor, Himalaya House, Sector -42, Sector Road, 23, KG. Marg, Gurgaon -122002, Haryana ‘New Delhi -110001 Limited Review Report Review Report to ‘The Board of Directors Haveli India Lined 1. Wehave reviewed the accompanying statement of unaudited financial results of Haves India Limited (the the quarter and nine months ended Decernber 31, 2015 (the “Statoment”). This Statement is ity of the Company's management and has been approved by the Beard of Directors. Ovr to issue report on the Statement based on our review. 2. We condacted our roviow in accordance with the Sandard on Review Engagements (SRE) 2410, Review of Interim Financial, information Perforcned by the Independent Auditor of the Eni issued by the Insitute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is ffee of material misstatement. A review is limited ‘primarily to inquiries of compeny personnel and analytical procedures applied to financial data and thus Drovides less assurance than an audi We have not performed an adit and accordingly, we do not express ‘an audit opinion, 13, Based on our review conducted as above, nothing kas come to our attention that causes us to believe that the accompanying Statement of unaudied finencial results propared in accordance with applicable accounting standards and other rocognised accounting. practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations end Diselosure Requirements) Regulations, 2015 including the manner in which it sto be disclosed, or that it contains any material misstaterent. For S.R. BATLIBOI & CO LLP. For Vaft, Bansal & Associates ICAL Firm rogistration number: 301003 ICAI Firm registration number: 016534N ‘Chartered Accountants Swit nw 1 pe Mane Karna Gupta Partner ‘Memberstip No.: 83906 por Va Partner Membership No. Place: Noida Date: 2.760116 Pac: New Delhi Date: 27.01.16,