ICICI Securities Ltd | Retail Equity Research Havells recorded topline growth of ~14% (excluding Lloyd) supported by strong performance of ECD and lighting & fixtures segment wherein segment revenue was up 19% and 20% YoY in Q4FY18, respectively. Simultaneously, addition of Lloyds consumer business also added | 584 crore to sales. The Lloyd performance was flat YoY owing to pre-buying activity in Q3FY18 (owing to a change in energy norms). Further, the company has successfully...