Bajaj Electricals Ltd.’s revenue in Q1FY23 rose 43% to ₹ 122,912 lakhs. Consolidated Profit came at ₹ 4,296 lakhs showcasing a 296% rise YoY over the corresponding period.
In this quarter’s press release, the management suggested that the firm has observed a rise in profits despite inflationary pressures and demand slowdown in the latter part of the quarter.