New Delhi :  Electrical goods maker Havells India reported 11 per cent decline in its standalone net profit at Rs 121.85 crore for the fourth quarter ended March 31, 2015. Net sales on a standalone basis rose to Rs 1,339.69 crore for the fourth quarter.

“Our growth this year has been almost the same as last year. We grew by 11 per cent and the macro environment has impacted both investment and industrial demand,” Havells India Chairman and MD Anil Rai Gupta said.