Bajaj Electricals Limited Reports Un-Audited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
February 08, 2018 at 02:51 am EST
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Bajaj Electricals Limited reported un-audited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported gross sales of INR 11,407.0 million compared to INR 10,520.8 million, profit before exceptional items and tax of INR 572.2 million compared to INR 451.6 million, profit before tax of INR 572.2 million compared to INR 451.6 million and net profit of INR 368.3 million or INR 3.61 per diluted share compared to INR 297.1 million or INR 2.97 per diluted share for the last year.
For the nine months, the company reported gross sales of INR 30,993.0 million compared to INR 30,086.8 million, profit before exceptional items and tax of INR 1,206.2 million compared to INR 1,077.2 million, profit before tax of INR 1,206.2 million compared to INR 1,077.2 million and net profit of INR 763.1 million or INR 7.49 per diluted share compared to INR 692.4 million or INR 6.84 per diluted share for the 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 
