Bajaj Electricals reports 4-fold jump in Q4 net profit
22nd May 2019

Bajaj Electricals has reported results for fourth quarter and year ended March 31, 2019.

The company has reported around 4-fold jump in its net profit at Rs 28.54 crore for the quarter under review as compared to Rs 7.31 crore for the same quarter in the previous year. Total income of the company increased by 10.46% at Rs 1,799.21 crore for Q4FY19 as compared Rs 1,628.82 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 99.80% in its net profit at Rs 167.07 crore as compared to Rs 83.62 crore for the previous year. Total income of the company increased by 41.28% at Rs 6,738.57 crore for year under review as compared to Rs 4,769.58 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 83.64% in its net profit at Rs 153.58 crore as compared to Rs 83.63 crore for the previous year. Total income of the company increased by 41.40% at Rs 6,744.36 crore for year under review as compared to Rs 4,769.58 crore for year ended March 31, 2018.