3 weeks ago

Bajaj Electricals Q1 Profit Jumps to Rs 48.38 Crore

Bajaj Electricals Q1 Profit Jumps to Rs 48.38 Crore
Bajaj Electricals Q1 Profit Jumps To ₹48.38 Crore As Revenue Rises, Margins Improve · freepressjournal.in

Bajaj Electricals is a company that makes things like lights and household appliances.

Every three months, companies tell everyone how much money they made.

This time, Bajaj Electricals made a lot more money than they did last year.

Their profit jumped to Rs 48.38 crore, which is a very big number.

Last year, in the same three months, they only made Rs 0.91 crore.

The company also earned a little more from selling products.

Their expenses went down, which helped them keep more money.

The person in charge, Sanjay Sachdeva, said the company is doing well and growing.

People who own shares in the company were happy about this news.

The share price went up by almost ten percent in one day.

That means investors think the company is doing a good job.

Key facts

Q1 consolidated profit
Rs 48.38 crore
Year-ago profit
Rs 0.91 crore
Revenue from operations
Rs 1,089.36 crore (up 2.32%)
Total expenses
Rs 1,058.52 crore (down 2.53%)
Consumer products revenue
Rs 820.39 crore (up 1.65%)
Lighting solutions revenue
Rs 268.97 crore (up 4.41%)
Share price on BSE
Rs 382.95 (up 9.63%)
MD & CEO
Sanjay Sachdeva

Quotes

Sanjay Sachdeva

Managing Director and CEO of Bajaj Electricals Ltd.

“While lighting solutions sustained its momentum with 4.4 per cent growth on a strong base, our EBIT margins are at a healthy 6.6 per cent, driven by disciplined execution and pricing agility. These results reinforce our confidence in the strength of our portfolio and our ability to deliver sustainable, profitable growth going forward.”
freepressjournal.in
“Consumer products returned to growth with a positive EBIT margin of 3.9 per cent, reflecting the benefits of our strategic actions, margin expansion, and operating leverage.”
freepressjournal.in

Sources

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