Results: Bajaj Electricals Q3 profit zooms to Rs 98 crore
Bajaj Electricals on Thursday reported a multifold increase in consolidated net profit at Rs 98.19 crore for the third quarter ended December 31, 2020 helped by a strong growth in its consumer products business. The company had posted a net profit of Rs 9.37 crore in the year-ago period, Bajaj Electricals said in a regulatory filing.
Total revenue from operations was up 16.85 per cent to Rs 1,500.14 crore during the quarter under review as against Rs 1,283.86 crore in the corresponding period of the previous fiscal year.
Total expenses were at Rs 1,388.80 crore in third quarter as against Rs 1,274.91 crore earlier.