Bajaj Electricals Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended March 31, 2019
May 22, 2019 at 04:18 am EDT
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Bajaj Electricals Limited announced audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the full year ended March 31, 2019. For the quarter, on standalone basis, the company announced total income from operations of INR 17,729.4 million compared to INR 16,062.7 million a year ago. Total Income was INR 17,992.1 million as compared to INR 16,288.2 million for the same period last year. Profit before exceptional items and tax was INR 438.6 million as compared to INR 1,332.1 million for the same period last year. Net Profit for the period was INR 285.4 million as compared to INR 73.1 million for the same period last year. Basic earnings per share after exceptional items was INR 2.79 as compared to INR 0.71 for the same period last year. Diluted earnings per share after exceptional items was INR 2.78 as compared to INR 0.70 for the same period last year.
For the full year, on standalone basis, the company announced total income from operations of INR 66,731.4 million compared to INR 47,163.9 million a year ago. Total Income was INR 67,385.7 million as compared to INR 47,695.8 million for the same period last year. Profit before exceptional items and tax was INR 2,594.4 million compared to INR 2,538.3 million a year ago. Net profit was INR 1,670.7 million as compared to INR 836.2 million for the same period last year. Basic earnings per share after exceptional items was INR 16.34 as compared to INR 8.23 for the same period last year. Diluted earnings per share after exceptional items was INR 16.30 as compared to INR 8.19 for the same period last year.
For the full year, on consolidated basis, the company announced total income from operations of INR 66,794.1 million compared to INR 47,163.9 million a year ago. Total Income was INR 67,443.6 million as compared to INR 47,695.8 million for the same period last year. Net profit was INR 1,535.8 million as compared to INR 836.3 million for the same period last year. Basic earnings per share after exceptional items was INR 15.02 as compared to INR 8.23 for the same period last year. Diluted earnings per share after exceptional items was INR 14.98 as compared to INR 8.19 for the same period last year.
Bajaj Electricals Limited is engaged in the marketing of various consumer household and industrial goods. The Company operates through two segments: Consumer Products and Lighting Solutions. The Consumer Products segment is engaged in the manufacturing and trading of consumer durables products which includes fans, domestic appliances, kitchen appliances, and non-electrical kitchen aids. The Lighting Solutions segment is engaged in the manufacturing and trading of lighting products which includes light-emitting diode (LED) products, such as lamps, bulbs, battens and ceiling lights in consumer lighting and poles, high mast, street lighting, area lighting, in professional lighting. It also provides various fans comprising ceiling, pedestal, table, wall, personal, domestic, and others. It also involved in the engineering, procurement and commissioning of power transmission and power distribution infrastructure. It operates approximately 2,00,000 retail outlets.
Bajaj Electricals Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Full Year Ended March 31, 2019