Latest news with #BajajElectricalsLtd
Business Upturn
12-05-2025
- Business
- Business Upturn
Bajaj Electricals Q4 profit before tax jumps 191% to Rs 71 crore; consumer products EBIT surges 138%
Bajaj Electricals Ltd has posted a robust set of results for the quarter ended March 31, 2025, with profit before tax surging 191% year-on-year to ₹71 crore, supported by improved gross margins and strong performance in the Consumer Products segment. The company's revenue from operations rose to ₹1,265 crore, up 6.5% from ₹1,188 crore in Q4FY24. The Consumer Products segment delivered ₹994 crore in revenue (up 8.4% YoY) and reported an EBIT of ₹39 crore, up from ₹16 crore in the same quarter last year—marking a 138% increase. The Lighting Solutions segment remained flat with ₹271 crore in revenue, while EBIT stood at ₹21 crore, down from ₹23 crore a year earlier. However, the EBIT margin for this segment improved to 7.8%, driven by better gross margins. For the fiscal year ending March 31, 2024, the company generated positive cash flow of ₹87 crore from operations and reported cash and investments of ₹509 crore. Dividend declared at ₹3 per share In line with its Dividend Distribution Policy, the Board of Directors has recommended a dividend of ₹3.00 per equity share (150% of face value of ₹2) for the financial year ended March 31, 2025. If approved at the company's 86th Annual General Meeting (AGM), the dividend will be credited or dispatched on or before August 11, 2025. The record date for dividend eligibility is set as Friday, July 18, 2025, for shareholders holding shares in both physical and dematerialised form. Leadership update and outlook Mr. Shekhar Bajaj, Chairman of Bajaj Electricals, announced the appointment of Mr. Sanjay Sachdeva as the new Managing Director and CEO. Mr. Sachdeva, an alumnus of IIT Delhi and IIM Calcutta, joins from Unilever and brings extensive leadership experience across global markets. Commenting on the company's outlook, Mr. Bajaj said, 'We will continue our investments in our brand and products and other initiatives which will yield strong results going forward.' He also expressed optimism regarding the macroeconomic environment, noting that recent RBI rate cuts and controlled inflation could boost consumer demand in the coming quarters. News desk at
Time of India
12-05-2025
- Business
- Time of India
Bajaj Electricals Q4 profit jumps two-fold to Rs 5,905 cr, revenue rises 6.5% at Rs 1,265.47 cr
New Delhi: Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 5,905 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, from Rs 135.88 crore a year before. In FY25, Bajaj Electricals' total consolidated income rose 3.2 per cent to Rs 4,883.21 crore. Moreover, the board of the company in its meeting held on Monday approved a dividend of 150 per cent, which is Rs 3 per share of face value of Rs 2 each on equity shares for the financial year ended March 31, 2025. Shares of Bajaj Electricals Ltd were trading at Rs 618.20 per scrip on Monday, up 16.38 per cent, on the BSE.>
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Business Standard
12-05-2025
- Business
- Business Standard
Bajaj Electricals Q4 profit jumps two-fold to Rs 59 cr, revenue rises 6.5%
Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 59.05 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, from Rs 135.88 crore a year before. In FY25, Bajaj Electricals' total consolidated income rose 3.2 per cent to Rs 4,883.21 crore. Moreover, the board of the company in its meeting held on Monday approved a dividend of 150 per cent, which is Rs 3 per share of face value of Rs 2 each on equity shares for the financial year ended March 31, 2025. Shares of Bajaj Electricals Ltd were trading at Rs 618.20 per scrip on Monday, up 16.38 per cent, on the BSE.
Economic Times
12-05-2025
- Business
- Economic Times
Bajaj Electricals Q4 Results: Profit jumps two-fold to Rs 5,905 cr, revenue rises 6.5%
Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 5,905 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. ADVERTISEMENT Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, from Rs 135.88 crore a year before. ADVERTISEMENT In FY25, Bajaj Electricals' total consolidated income rose 3.2 per cent to Rs 4,883.21 crore. Moreover, the board of the company in its meeting held on Monday approved a dividend of 150 per cent, which is Rs 3 per share of face value of Rs 2 each on equity shares for the financial year ended March 31, 2025. Shares of Bajaj Electricals Ltd were trading at Rs 618.20 per scrip on Monday, up 16.38 per cent, on the BSE. (You can now subscribe to our ETMarkets WhatsApp channel)
