The BSE Consumer Durables index fell more than 3 per cent in intraday today. Among the individual stocks, Amber Enterprises tanked 17 per cent to ₹7,047.65.
Bajaj Electricals Ltd on Friday reported a consolidated net loss of Rs 67.53 crore for the March quarter FY26 due to contraction in gross margin and impact from new labour codes. The company had posted a net profit of Rs 59.05 crore in January-March FY25, according to a regulatory filing from Bajaj Electricals. Bajaj Electricals had reported an exceptional item (net loss) of Rs 55.58 crore in the March quarter, mainly due to impairment of Rs 29.31 lakh on certain property, plant and equipment and the implementation of new Labour Codes. It had a profit before exceptional items and tax of Rs 6.85 crore in the quarter under review. Revenue from operations was at Rs 1,239.52 crore in March quarter. It was at Rs 1,265.47 crore in the corresponding quarter a year ago. Total expenses were at Rs 1,242.10 crore. Its revenue from Consumer Products (CP) was at Rs 925.81 crore as against Rs 994.01 crore. Revenue from Lighting Solutions was Rs 313.71 crore in the March quarter. Total income,
In the centenary year marking the inception of Bajaj Group as a business house in Mumbai, Chairman Shekhar Bajaj speaks about the journey and the road ahead for Bajaj Electricals
The acquisition covers trademarks, domain names, social media accounts, and associated goodwill of the Morphy Richards brand across India, Nepal, Sri Lanka, Bangladesh, the Maldives, and Bhutan
In the past three trading days, TTK Prestige, Stove Kraft have zoomed by up to 36% on reports of panic buying of induction cooktops amid disruptions in commercial LPG supply across several cities.
Bajaj Electricals share price was in demand after the company announced its entry into 'wires' as a new business line.