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Business News/ Companies / Bajaj Electricals Q2 net loss at Rs14.21 crore
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Bajaj Electricals Q2 net loss at Rs14.21 crore

Net sales during the quarter stood at `1,028.63 crore, up 9.32%, from `940.92 crore from a year ago

The company’s shares closed 11.53% down at `244.70 per scrip on the BSE.Premium
The company’s shares closed 11.53% down at `244.70 per scrip on the BSE.

New Delhi: Bajaj Electricals Ltd on Thursday reported a net loss of 14.21 crore for the second quarter ended September.

The company had reported net loss of 15.35 crore in the same period of the previous fiscal, Bajaj Electricals said in a BSE filing. Its net sales during the second quarter of 2014-15 stood at 1,028.63 crore, up 9.32%, from 940.92 crore during the same period last year.

Revenues from the lighting business stood at 225.95 crore, as against 250.93 crore, while revenues from consumer durables segment increased to 465.74 crore from 449.09 crore.

Revenues from the engineering and projects segment were at 337.29 crore in the quarter under review as against 241.59 crore in the year-ago period.

The company’s shares closed 11.53% down at 244.70 per scrip on the BSE.

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Published: 13 Nov 2014, 05:33 PM IST
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