New Delhi, Jan. 20 -- Havells India Ltd's consolidated revenue for the December quarter (Q3FY26) grew 14% year-on-year to Rs.5,588 crore, but net profit growth was slower at 8% to Rs.300 crore. An exceptional charge of Rs.45 crore related to labour law adjustments hit earnings.

The cables and wires segment was the showstopper in Q3, contributing 40% of total revenue and clocking 32% growth. The segment contributed 80% to Havells' incremental Q3 revenue, and helped offset the weakness in other segments.

Two factors supported cables growth. One, Havells took price hikes to cope with higher raw material costs, particularly copper and aluminium. Two, demand remained strong, leading to a sturdy over 20% volume growth. The cables manufacturin...