Bajaj Electricals reports 11% fall in Q2 net profit

10 Nov 2016

Bajaj Electricals has reported results for second quarter ended September 30, 2016.  

The company has reported 10.77% fall in its net profit at Rs 16.66 crore for the quarter under review as compared to Rs 18.67 crore for the same quarter in the previous year. Total income of the company decreased by 10.68% at Rs 1013.43 crore for the quarter under review as compared Rs 1134.56 crore for the corresponding quarter previous year.

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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