Bajaj Electricals reports consolidated net loss of Rs 16 crore in Q1
12th Aug 2020

Bajaj Electricals has reported results for the first quarter ended June 30, 2020.

The company has reported a net loss of Rs 27.17 crore for the quarter under review against net profit of Rs 17.40 crore for the same quarter in the previous year. Total income of the company decreased by 53.22% at Rs 615.53 crore for Q1FY21 as compared Rs 1315.72 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss attributed to owners of Rs 15.93 crore for the quarter under review against net profit of Rs 14.43 crore for the same quarter in the previous year. Total income of the company decreased by 53.31% at Rs 615.34 crore for Q1FY21 as compared Rs 1,317.99 crore for the corresponding quarter previous year.