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Bajaj Electricals Ltd Q1FY24; 2% fall in Profits

Bajaj Electricals Limited is a part of the Bajaj Group of companies and is a leading FMEG company spread across Consumer Products – Appliances, Fans, Lighting, Exports, and EPC – Illumination, Transmission Towers and Power Distribution. It also has its presence in premium home appliances and cookware segments with brands like Morphy Richards and Nirlep.

Financial Results:

Bajaj Electricals Ltd reported Revenues for Q1FY24 of ₹1,112.00 Crores down from ₹1,124.00 Crore year on year, a fall of 1.07%.

Total Expenses for Q1FY24 of ₹1,076.00 Crores up from ₹1,073.00 Crores year on year, a rise of 0.28%.

Consolidated Net Profit of ₹43.00 Crores down 2.27% from ₹44.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.76, down 2.84% from ₹3.87 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: FMCG
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