Bajaj Electricals Q4 profit up 34% YoY to Rs 52 cr, total revenue rises 12%

Bajaj Electricals on Tuesday reported 34.08 per cent rise in consolidated net profit at Rs 51.85 crore for the fourth quarter ended March 31, 2023.

The company had posted a net profit of Rs 38.67 crore in the year-ago period, Bajaj Electricals said in a regulatory filing.

Revenue from operations was up at Rs 1,473.54 crore during the quarter under review as against Rs 1,293.26 crore in the year-ago period.

Total expenses were at Rs 1,442.73 crore as compared to Rs 1,299.61 crore a year ago.

The total revenue of Bajaj Electricals in March quarter 2023 was at Rs 1,522.11 crore, up 12.3 per cent from the year-ago period.

Revenue from the consumer products segment was up 8.64 per cent at Rs 986.53 crore in the quarter. It was at Rs 907.99 crore a year ago.

The lighting solutions segment contributed Rs 305.44 crore revenue as against Rs 302.30 crore in Q4 FY22.

Revenue from engineering, procurement and construction (EPC) was up 59.75 per cent to Rs 198.14 crore in Q4 FY23.

In the fi