Bajaj Electricals reports Rs 10.65 crore loss in Q4

Bajaj Electricals today reported a loss of Rs 10.65 crore for the quarter ended March 31.

It had posted a net profit of Rs 63 lakh in the January -March period of last fiscal, Bajaj Electricals said in a BSE filing.

However, its net sales during the quarter under review increased to Rs 1,269.51 crore, against Rs 1,099.74 crore in the year-ago period.

For the financial year 2013-14, the company had a net loss of Rs 5.31 crore. It had reported a profit of Rs 51.21 crore in the previous fiscal.

The net sales for the year increased to Rs 4,024.04 crore from Rs 3,370.58 crore in 2012-13.

Shares of Bajaj Electricals were trading at Rs 345 per scrip during afternoon trade at BSE, down 6.82 per cent from their previous close.

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E-mail ID will not be published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

  • The sudden crisis in oil exporting economies offers India big opportunity

    The unprecedented 6.5 per cent single-day hike in Russian interest rates on Tuesday and the subsequent devaluation of the ruble from 60 to the dollar

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

Roopen Roy

Why do we shoot, load and then aim?

There is a joke about what Indians would do in ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Dharmendra Khandal

Protecting jungle cats is vital

In what can only be called a cat night, we ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture