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Bajaj Electricals reports marginal fall in Q2 consolidated net profit

09 Nov 2022 Evaluate

Bajaj Electricals has reported results for second quarter ended September 30, 2022.

The company has reported a rise of 3.18% in its net profit at Rs 63.90 crore for the quarter under review as compared to Rs 61.93 crore for the same quarter in the previous year. However, total income of the company decreased by 5.88% at Rs 1240.18 crore for Q2FY23 as compared Rs 1317.61 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported marginal fall of 0.88% in its net profit at Rs 62.00 crore for the quarter under review as compared to Rs 62.55 crore for the same quarter in the previous year. Total income of the company decreased by 6.02% at Rs 1243.51 crore for Q2FY23 as compared Rs 1323.19 crore for the corresponding quarter previous year.

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