Categories AlphaGraphs, Earnings

Bajaj Electricals Ltd Q3FY24; 39% 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 Q3FY24 of ₹1,228.00 Crores down from ₹1,309.00 Crore year on year, a fall of 6.19%.

Total Expenses for Q3FY24 of ₹1,221.00 Crores down from ₹1,236.00 Crores year on year, a fall of 1.21%.

Consolidated Net Profit of ₹37.00 Crores down 39.34% from ₹61.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.25, down 38.79% from ₹5.31 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.

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