New Delhi, Oct 21 (PTI) Shares of consumer electrical goods maker Havells India on Thursday tumbled 14 per cent after the company reported a 7.34 per cent decline in its consolidated net profit for the quarter ended on September 30, 2021.

The stock tanked 9.99 per cent to Rs 1,264.85 on BSE.

Also Read | Microsoft Announces First Preview of Android Apps For Windows 11 Insiders.

On NSE, it tumbled 13.96 per cent to Rs 1,210.30.

Havells India on Wednesday reported a 7.34 per cent decline in its consolidated net profit to Rs 302.39 crore for the quarter ended on September 30, 2021, compared to Rs 326.36 crore in the year-ago quarter.

Also Read | Amazon Prime Membership Pricing To Be Increased by Up to 50 Percent Soon, Check Revised Plans Here.

Its revenue from operations rose by 31.65 per cent to Rs 3,238.04 crore during the period under review as against Rs 2,459.49 crore in the corresponding period of the last fiscal.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)