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E-mail ID will not be published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

  • If the first 17 editions of Saarc were tragedies, Kathmandu was a sham

    Rarely has a regional grouping such as the South Asian Association of Regional Cooperation (Saarc) promised so much and delivered so little.

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

Varun Dutt

By the power of wind, let there be light

In India, the development of wind power began in the ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture