Bajaj Electricals Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
June 19, 2020 at 04:17 am EDT
Share
Bajaj Electricals Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was INR 12,932.700 million compared to INR 17,608.300 million a year ago. Net loss was INR 11.400 million compared to net income of INR 247.300 million a year ago. Basic loss per share was INR 0.08 compared to basic earnings per share of INR 2.23 a year ago. For the full year, sales was INR 49,389.000 million compared to INR 66,388.900 million a year ago. Net loss was INR 92.700 million compared to net income of INR 1,564.000 million a year ago. Basic loss per share was INR 0.99 compared to basic earnings per share of INR 14.87 a year ago. Diluted loss per share was INR 0.99 compared to diluted earnings per share of INR 14.83 a year ago.
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 
