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Bajaj Electricals reports 80% rise in Q2 net profit

Bajaj Electricals reports 80% rise in Q2 net profit

Bajaj Electricals has reported results for second quarter ended September 30, 2018.

The company has reported 79.56% rise in its net profit at Rs 34.08 crore for the quarter under review as compared to Rs 18.98 crore for the same quarter in the previous year. Total income of the company increased by 69.55% at Rs 1,604.20 crore for Q2FY19 as compared Rs 946.13 crore for the corresponding quarter previous year.

Bajaj Electricals is an electrical equipments manufacturing company. It is engaged in the manufacturing of domestic appliances such as water heaters, mixers, food processors, microwave ovens, air coolers, steam & dry irons, etc.