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Havells' Lloyd strengthens appliance portfolio amid 23% revenue decline in FY26
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Havells' Lloyd strengthens appliance portfolio amid 23% revenue decline in FY26
New Delhi: Leading electrical goods maker Havells India said its consumer appliances brand Lloyd had a difficult FY26, with revenue declining 23% due to weak summer demand and high channel inventory levels, which also impacted profitability. Despite the slowdown, the company said Lloyd continued to make progress in its ambition to become a full-fledged home appliances brand for Indian households. The brand continued to strengthen its position in…
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