Quarterly result : Bajaj Electricals

DSIJ Intelligence / 03 Aug 2017

 Quarterly result : Bajaj Electricals

Bajaj Electricals Ltd. reported its results for the quarter ended June 30, 2017 today.

Bajaj Electricals Ltd. reported its results for the quarter ended June 30, 2017 today.

Total sales for this quarter, Q1FY18, came in at Rs. 1029.41 crore. This represents a 19.46 per cent sequential decline and 7.3 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 37.25 crore and the EBIT margin stood at 3.62 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs. 20.5 crore which represents a sequential QoQ decline of 46.64 per cent and a YoY decline of 10.36 per cent.

Bajaj Electricals is engaged in engineering and projects; power distribution, illumination and consumer durables businesses. The company's business segments consist of Lighting; consumer durables; engineering & projects, and others. The lighting segment includes lamps, tubes and luminaries. The Consumer Durables segment includes appliances and fans. The Engineering & Projects segment includes transmission line towers, telecommunications towers, highmast, poles and special projects.

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