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Bajaj Electricals reports 9% rise in Q4 net profit

Bajaj Electricals has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a rise of 9.02% in its net profit at Rs 38.42 crore for the quarter ended March 31, 2017 as compared to Rs 35.24 crore for the same quarter in the previous year. However, total income of the company decreased by 6.30% at Rs 1278.06 crore for quarter under review as compared to Rs 1363.98 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a fall of 2.43% in its net profit at Rs 107.66 crore as compared to Rs 110.34 crore in FY16. Total income of company decreased by 7.10% at Rs 4298.26 crore for year under review as compared to Rs 4626.70 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a drop of 5.22% in its net profit at Rs 102.17 crore as compared to Rs 107.80 crore in FY16. Total income of company decreased by 7.10% at Rs 4298.26 crore for year under review as compared to Rs 4626.70 crore for the year ended March 31, 2016.

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