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Bajaj Electricals reports 10% rise in FY13 turnover

08 Apr 2013 Evaluate

Bajaj Electricals has reported a jump of 10.23% in its sales turnover of Rs 3,416 crore (provisional) in FY13 as compared to Rs 3,099 crore in previous year. Of total of Rs 3,416 crore, the company has garnered Rs 1,844 crore from consumer durables segment, Rs 861 crore from lighting and luminaries segment, Rs 709 from engineering and projects business and Rs 2 crore from others.

Bajaj Electricals’ products are manufactured in three factories in the country apart from being sourced from overseas partners. The consumer electrical equipments manufacturer aims revenue of Rs 551 crore from lighting business this year, registering a growth of about 30% over last year’s Rs 430 crore.

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