Bajaj Electricals Q1 Net at Rs 5.6 crore

Tags: Companies
Bajaj Electricals today reported over 8-fold increase in its net profit at Rs 5.63 crore for the first quarter ended June 30, 2014, boosted by higher sales, particularly in consumer durables segment.

The company had posted a net profit of Rs 66 lakh in the same quarter of the previous fiscal, Bajaj Electricals said in a filing to the BSE.

Net sales during the period under review stood at Rs 885.96 crore as against Rs 787.19 crore in the same quarter last fiscal, it added.

During the quarter, the lighting segment had revenue of Rs 168.64 crore as compared to Rs 157.38 crore in the year-ago period.

Consumer durables segment had a revenue of Rs 504.5 crore as against Rs 432.08 crore, while engineering and projects had a revenue of Rs 214.23 crore as against Rs 199.38 crore.

Shares of Bajaj Electricals were trading at Rs 317.80 per scrip in the mid-day trade, down 4.69% from the previous close on the BSE.

EDITORIAL OF THE DAY

  • Kejriwal’s first year in office has shown he is a man tough to ignore

    On Sunday, Arvind Kejriwal’s AAP government spent exactly 365 days in office and despite the claims and counter-claims that are going to be debated

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

The importance of Indonesia

A few weeks ago, the wo­rld was shocked by a ...

Purnendu Ghosh

Making sense of information

We need information to maintain connectivity with our personal an­d ...

Shona Adhikari

A tale of three varied but vivid retrospectives

This week’s art column focuses on the work of three ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture