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Bajaj Electricals standalone net profit rises 9.02% in the March 2017 quarter

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Capital Market

Sales decline 6.45% to Rs 1259.44 crore

Net profit of Bajaj Electricals rose 9.02% to Rs 38.42 crore in the quarter ended March 2017 as against Rs 35.24 crore during the previous quarter ended March 2016. Sales declined 6.45% to Rs 1259.44 crore in the quarter ended March 2017 as against Rs 1346.22 crore during the previous quarter ended March 2016.

For the full year,net profit declined 2.43% to Rs 107.66 crore in the year ended March 2017 as against Rs 110.34 crore during the previous year ended March 2016. Sales declined 7.10% to Rs 4245.73 crore in the year ended March 2017 as against Rs 4570.08 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1259.441346.22 -6 4245.734570.08 -7 OPM %5.875.49 -5.725.78 - PBDT68.6861.23 12 197.91204.24 -3 PBT60.3254.15 11 168.04176.86 -5 NP38.4235.24 9 107.66110.34 -2

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First Published: May 30 2017 | 3:22 PM IST

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