Bajaj Elec sees FY09 revenues cross Rs17 bn

Bajaj Elec sees FY09 revenues cross Rs17 bn

Reuters

Mumbai: Lighting products and electrical appliancs maker Bajaj Electricals Ltd expects revenues in the year to March 2009 to cross Rs17 billion, its chairman said on Tuesday.

Last year, the company’s revenue was Rs14 billion and the company may not have to raise prices of its appliances, Shekhar Bajaj told reporters at a news meet.

“With the reduction in prices of copper, aluminium and steel, I don’t think there will be any need to increase prices."

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