Performance in consumer durbales stands out: Anant Purandare, Bajaj Electricals
  • WebDesk BTVI
  • Aug 07 2019

Bajaj Electricals reported a 65.86% decline in consolidated net profit at Rs 13.70 cr for the 1st quarter ended June 30, 2019. The company had posted a net profit of Rs 40.14 cr in the April-June quarter a year ago. Revenue from consumer product segment was at Rs 786.27 cr, up 31.73% from Rs 596.86 cr in June quarter last year. Anant Purandare, CFO, Bajaj Electricals, speaking on mixed quarter, says its performance and margins in consumer durables stand out when compared with that of the market.