HPL Electric & Power Ltd Share Price – NSE  / BSE

Capital Goods - Electrical Equipment, Small Cap

Net profit of HPL Electric & Power rose 3.49% to Rs 22.27 crore in the quarter ended September 2025 as against Rs 21.52 crore during the previous quarter ended September 2024. Sales rose 2.87% to Rs 434.45 crore in the quarter ended September 2025 as against Rs 422.32 crore during the previous quarter ended September 2024.

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HPL Electric & Power will hold a meeting of the Board of Directors of the Company on 14 November 2025.

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This settlement agreement resolves all pending disputes and litigations related to the use of word/ mark 'HAVELLS', including suits filed in various courts including the Delhi High Court and various special leave petitions (SLPs) filed in the Supreme Court.

The Delhi High Court had referred these disputes to mediation, and the settlement was reached and executed on 8th November 2025.

As part of the settlement, the HPL Group has acknowledged that Havells India & its promoters? absolute rights to the 'HAVELLS' mark since 1971.

HPL Group has waived any claims to the 'HAVELLS' mark and has undertaken not to use or challenge the mark in any form.

Additionally, the HPL Group has agreed to change the corporate name of its entities, namely, Havell's Private Limited and Havells Electronics Private Limited, to names not containing 'HAVELLS.'

As a onetime full and final settlement, Havells India will pay an amount of Rs 129.60 crore to the HPL Group.

HPL Electric & Power is a leading player and India?s fastest-growing electrical and power distribution equipment manufacturer with products ranging from industrial and domestic circuit protection switchgears, cables, energy-saving meters, CFL & LED lamps.

The company's consolidated net profit rose 8.28% to Rs 18.43 crore despite a 2.51% rise in revenue to Rs 383.03 crore in Q1 FY26 as compared with Q1 FY25.

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HPL Electric & Power announced that the order received from one of its regular leading customer named ?Energy Efficiency Services? has been amended by increasing from its existing value to of Rs 65.72 crore (inclusive of tax) to Rs 92 crore (inclusive of tax) for the supply of other smart meters which is in the normal course of business. All Terms & conditions of purchase order/notification of award (NOA) remain same.

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