Havells Q4FY20 earnings: What to watch?

Havells India on Tuesday will announce its results for the 4th quarter ended March 31, 2020 with the street expectations from one of India's largest electrical equipment manufacturers a tad weak. The revenues might decline by 10 percent, the margins are also expected to contract a bit so that the number comes in closer to 10.6 percent, which would mean a contraction of 90 basis points (bps). The profit after tax (PAT) is also expected to dip by around 11 percent.