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Online gaming in India is among the world’s most vibrant, says MoS I&B Dr L Murugan at Storyboard18 DES 2025
Home appliances company Havells India increased its standalone advertising and promotion spending by 7.7% year-on-year in the fourth quarter of fiscal year 2025.
The company's ad spending rose to Rs 142.27 crore in Q4 FY25 compared to Rs 132.09 crore in the corresponding quarter last fiscal.
However, on a sequential basis, the promotion and ad spending saw a decline of 19.92%. Havells India spend Rs 177.66 crore in the October-December quarter (Q3) FY 25.
Further, the standalone profit of Havells India has increased by 16.35% to Rs 522.26 crore between January and March FY25. And, the revenue from the operation of the company surged to Rs 6,532.21 crore in Q4 FY 25 versus Rs 5,434.34 crore in the corresponding quarter last fiscal.
The revenue of the company was largely driven by cables and Lloyd consumer segments. The sales and operating revenue from cables stood at Rs 2,169.37 crore while from Lloyd Consumer, it stood at Rs 1,869.97 crore. Electrical and consumer durables' revenue was at Rs 995.92 crore in Q4 FY25 while switchgear accounted for Rs 691.36 crore, respectively.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.