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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Skill gaps faced by India’s graduates cannot be filled easily

    India, the third largest economy in the world with regard to purchasing power parity, is expected to overtake China in its working population by 2028.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Purnendu Ghosh

Why we must know the rules of the game

We like to believe that people are good and we ...

Shona Adhikari

Pop art is truly a feast for the eyes

The internationally reknowned Bruno Art Group’s presence in India had ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture