Latest news with #BajajElectricalsLtd
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Business Standard
6 days ago
- Business
- Business Standard
Bajaj Electricals Q1 results: Profit down 97% at ₹91 lakh on low sales
Bajaj Electricals Ltd on Thursday reported a 97 per cent dip in consolidated net profit at ₹91 lakh in the first quarter ended June 30, 2025, due to lower sales in the consumer products segment and ex gratia payment for its Nashik factory. The company had posted a consolidated net profit of ₹28.11 crore in the corresponding quarter of the previous fiscal, Bajaj Electricals said in a regulatory filing. Consolidated total revenue from operations in the quarter under review stood at ₹1,064.59 crore, as compared to ₹1,154.91 crore in the year-ago period, it added. During the quarter, the company reported an exceptional item outgo of ₹6.68 crore as ex gratia for the Nashik factory in Maharashtra. Total expenses in the first quarter were lower at ₹1,086 crore, compared to ₹1,127.24 crore in the same period last fiscal, the company said. The company said its revenue from the consumer products division in the first quarter was lower at Rs 807 crore, compared to ₹ 905.16 crore in the same period a year ago. On the other hand, the lighting solutions vertical clocked revenue of ₹257.59 crore, as compared to ₹249.75 crore in the corresponding period last fiscal, it added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
6 days ago
- Business
- News18
Bajaj Electricals Q1 net down 97 pc to Rs 91 lakh
Last Updated: New Delhi, Aug 7 (PTI) Bajaj Electricals Ltd on Thursday reported a 97 per cent dip in consolidated net profit at Rs 91 lakh in the first quarter ended June 30, 2025, due to lower sales in the consumer products segment and ex gratia payment for its Nashik factory. The company had posted a consolidated net profit of Rs 28.11 crore in the corresponding quarter of the previous fiscal, Bajaj Electricals said in a regulatory filing. Consolidated total revenue from operations in the quarter under review stood at Rs 1,064.59 crore, as compared to Rs 1,154.91 crore in the year-ago period, it added. During the quarter, the company reported an exceptional item outgo of Rs 6.68 crore as ex gratia for the Nashik factory in Maharashtra. Total expenses in the first quarter were lower at Rs 1,086 crore, compared to Rs 1,127.24 crore in the same period last fiscal, the company said. The company said its revenue from the consumer products division in the first quarter was lower at Rs 807 crore, compared to Rs 905.16 crore in the same period a year ago. On the other hand, the lighting solutions vertical clocked revenue of Rs 257.59 crore, as compared to Rs 249.75 crore in the corresponding period last fiscal, it added. PTI RKL DRR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 07, 2025, 14:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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.
