Bajaj Electricals Limited, part of the Bajaj Group and a leading FMEG player with diversified presence across consumer products and EPC segments including brands like Morphy Richards and Nirlep, reported a drop in profits for Q2FY26.
Financial Highlights:
- Revenues declined 1.0% year-on-year to ₹1,107.14 crore from ₹1,118.33 crore.
- Total expenses decreased 1.73% to ₹1,099.46 crore from ₹1,118.80 crore.
- Consolidated net profit fell 23.57% to ₹9.86 crore from ₹12.90 crore.
- Earnings per share dropped 24.11% to ₹0.85 from ₹1.12.
The profit decline was influenced by margin pressures and higher competitive intensity despite relatively stable revenues and cost control.
Outlook:
Bajaj Electricals is focused on product innovation, channel expansion, and improving operational efficiency to enhance profitability in the coming quarters. Strengthening premium home appliances and cookware segments remain key growth drivers.
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