Bajaj Electricals today reported net loss of Rs 16.36 crore for the second quarter ended September 30, 2013-14 fiscal.
The company had reported net profit of Rs 26.92 crore in the same period of the previous fiscal, 2012-13, Bajaj Electricals said in a filing to the BSE.
Its net sales during Q2, 2013-14 stood at Rs 958.64 crore, up 30.83%, from Rs 732.70 crore during the same period last year.
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Revenues from the engineering projects segment were Rs 254.48 crore this quarter against Rs 132.71 crore in the year-ago period.
The company's shares were trading at Rs 159.40 per scrip in the afternoon trade on the BSE, down 4.95% from the previous close.