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Reputation: 642,713  •  May 23, 2023 9:01 PM
Bajaj Electricals Q4 Results: Firm posts rise in profit on consumer goods demand
Bajaj Electricals Q4 Results: Firm posts rise in profit on consumer goods demand
Bajaj Electricals, the Indian consumer durables firm, has posted a net profit of INR518.5m ($6.3m) for Q1, an increase of almost 32% YoY. Sales of air coolers and air conditioners were behind the firm's strong results as soaring temperatures swept across the country. Its consumer products business took responsibility for the upswing, with sales of fans, air coolers, room heaters and kitchen appliances all enjoying high growth. Overall revenue reached INR14.9bn in the Q1 period, a 12% increase YoY.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/earni...
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