Bajaj Electricals expects 17% growth in FY16 revenue

19 Jan 2015

Bajaj Electricals is expecting to achieve 17% rise in its revenues to Rs 5,500 crore in the next financial year, 2015-16. The company, which launched a new campaign for its light-emitting diode (LED) segment, is aiming for up to Rs 1,200 crore revenue from its lighting division.

The company is expecting to close this fiscal with a revenue base of Rs 4,700 crore. It had a turnover of Rs 4,000 crore in FY 2013-14. The company had sales of about Rs 92 crore from the LED segment this year and expects that to double in 2015-16.

Bajaj Electricals, part of the Rs 20,000 crore Bajaj Group, is engaged in business appliances, fans, lighting, luminaries and engineering and projects.

 

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