Bajaj Electricals Q1 Results Live : profit falls by 24.29% YOY
Bajaj Electricals Q1 Results Live : Revenue increased by 3.85% YoY & profit decreased by 24.29% YoY
Bajaj Electricals Q1 Results Live : Bajaj Electricals declared their Q1 results on 06 Aug, 2024. The topline increased by 3.85% & the profit decreased by 24.29% YoY.
As compared to the previous quarter the revenue declined by 2.79% and the profit decreased by 4.09%.
The operating income was up by 122.25% q-o-q & decreased by 2.62% Y-o-Y.
The EPS is ₹2.44 for Q1 which decreased by 25.03% Y-o-Y.
Bajaj Electricals has delivered -4.1% return in the last 1 week, -9.31% return in last 6 months and -2.23% YTD return.
Currently the Bajaj Electricals has a market cap of ₹11134.96 Cr and 52wk high/low of ₹1148 & ₹820.15 respectively.
As of 07 Aug, 2024 out of 17 analysts covering the company, 2 analysts have given Sell rating, 6 analysts have given Hold rating, 5 analysts have given Buy rating & 4 analysts have given Strong Buy rating.
The consensus recommendation as on 07 Aug, 2024 was to Buy.
Bajaj Electricals Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1154.91 | 1188.08 | -2.79% | 1112.13 | +3.85% |
| Depreciation/ Amortization | 31.96 | 30.19 | +5.86% | 22.97 | +39.14% |
| Total Operating Expense | 1111.46 | 1168.53 | -4.88% | 1067.51 | +4.12% |
| Operating Income | 43.45 | 19.55 | +122.25% | 44.62 | -2.62% |
| Net Income Before Taxes | 38.29 | 24.45 | +56.61% | 53.02 | -27.78% |
| Net Income | 28.11 | 29.31 | -4.09% | 37.13 | -24.29% |
| Diluted Normalized EPS | 2.44 | 2.54 | -3.94% | 3.25 | -25.03% |
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