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Bajaj Electricals expects to achieve top-line growth of 25%

Date: 24-09-2013

Bajaj Electricals is expecting to achieve top-line growth of around 25% to Rs 4,200 crore in FY14 as compared to Rs 3,400 crore in 2012-13, on the back of organic growth and some new acquisitions.

The company is looking forward to double-digit growth in all its three segments -- lighting, consumer durables and engineering, procurement and construction (EPC).

The company reported a jump of 10.23% in its sales turnover of Rs. 3,416 crore 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.