X

Bajaj Electricals Ltd Q2FY24; 48% 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 Q2FY24 of ₹1,113.00 Crores down from ₹1,220.00 Crore year on year, a fall of 8.77%.

Total Expenses for Q2FY24 of ₹1,095.00 Crores down from ₹1,155.00 Crores year on year, a fall of 5.19%.

Consolidated Net Profit of ₹33.00 Crores down 48.44% from ₹64.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.91, down 47.66% from ₹5.56 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.

Related Post