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Bajaj Electricals Ltd News

Bajaj Electricals Q1FY25 results: Net profit falls 25% to Rs 28.1 cr

Bajaj Electricals results fall short of expectations in first-quarter, hurt by dampened demand for kitchen appliances and price erosion in key lighting segment

Bajaj Electricals Q1FY25 results: Net profit falls 25% to Rs 28.1 cr
Updated On : 06 Aug 2024 | 3:59 PM IST

Bajaj Electricals Q4 results: Consolidated PAT down 43.4% to Rs 29 crore

Bajaj Electricals Ltd on Tuesday reported a 43.47 per cent decline in consolidated net profit to Rs 29.31 crore in the March quarter with revenue impacted by weakness in appliances and general trade. The company had posted a consolidated net profit of Rs 51.85 crore in the year-ago period, Bajaj Electricals said in a regulatory filing. Consolidated total revenue from operations in the quarter under review was Rs 1,188.08 crore as compared to Rs 1,291.97 crore in the same period a year ago, it added. Total expenses in the fourth quarter were lower at Rs 1,186.09 crore as compared to Rs 1,231.69 crore in the corresponding period a year ago. In the fourth quarter revenue dropped on account of weakness in appliances and general trade. Growth in fans and 'Morphy Richards' brand was offset by drop in appliances, the company said. The lighting solutions segment also witnessed a drop in revenue on account of LED price erosion in consumer lighting and higher base effect in professional ...

Bajaj Electricals Q4 results: Consolidated PAT down 43.4% to Rs 29 crore
Updated On : 14 May 2024 | 10:38 PM IST