Business Standard

Bajaj Electricals net sales up 23%

Image

Press Trust of India Kolkata

Net sales of Bajaj Electricals Limited in 2010-11 was higher by about 23% at Rs 2,741 crore from Rs 2,229 crore in the previous fiscal.

The profit before tax improved by 9.1% to Rs 218.9 crore as against Rs 200.6 crore in 2009-10, company Chairman and Managing Director Shekhar Bajaj said here today.

Bajaj said that during the first half of 2011-12, net sales/income from the company's operations was 16.2% higher at Rs 1,245.2 crore as against Rs 1,071.9 crore during the first half of previous year.

Bajaj Electricals Limited is a part of the Bajaj Group.

With a turnover of Rs 35,000 crore and market capitalization of Rs 68,000 crore, the group comprises 27 companies.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 05 2011 | 3:56 PM IST

Explore News