Going ahead, the management is hopeful of recovery in rural demand. It took price hikes of 5% in April
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Bajaj Electricals Ltd. reported a 6% year-on-year (y-o-y) growth in its consolidated operating revenue to ₹1,334 crore for the March quarter (Q4FY22). The modest growth was on account of weak performance in the consumer products segment, contributing 78% to Q4 operating revenue, which in turn was due to muted rural demand and lower offtake in e-commerce channels. The segment's revenue grew 6% y-o-y.
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