(20 second reading) Bajaj Electricals reported a 43.47 per cent decline in consolidated net profit to Rs 29.31 crore in the March quarter with revenue impacted by weakness in appliances and general trade.
The company had posted a consolidated net profit of Rs 51.85 crore in the year-ago period
Consolidated total revenue from operations in the quarter under review was Rs 1,188.08 crore as compared to Rs 1,291.97 crore in the same period a year ago, it added.
For the fiscal ended March 31, 2024, consolidated net profit was lower at Rs 131.08 crore as compared to Rs 216.19 crore in the previous year.In FY24, the total revenue from operations was Rs 4,641.27 crore as against Rs 4,889.24 crore in FY23.