Shares of the company reversed course to trade 0.6% lower after the results
Home-grown appliances maker Bajaj Electricals will acquire the intellectual property rights of Morphy Richards, including the brand rights for India and neighbouring markets, from Glen Electric, part of Ireland-based Glen Dimplex Group. Bajaj Electricals has informed exchanges in a regulatory filing on Tuesday after market hours that its board has approved a Rs 146 crore deal to acquire the brand rights of Morphy Richards for India, Nepal, Bhutan, Bangladesh, the Maldives, and Sri Lanka. After the announcement, shares of Bajaj Electricals Ltd were trading at Rs 609.80 on BSE, up 5.69 per cent on Wednesday morning trading hours. In the filing, Bajaj Electrical informed: "The Board of Directors of the company, at its meeting held on September 23, 2025 has given its consent to a proposal for the acquisition of the Morphy Richards' brand and related intellectual property rights... from Glen Electric Limited (part of the Glen Dimplex Group, Ireland), the owner of the MR Brand/Business I
Bajaj Electricals shares snapped a four-day losing streak and currently trade at 159 times the average 30-day trading volume
Bajaj Electricals Ltd on Thursday reported a 97 per cent dip in consolidated net profit at Rs 91 lakh in the first quarter ended June 30, 2025, due to lower sales in the consumer products segment and ex gratia payment for its Nashik factory. The company had posted a consolidated net profit of Rs 28.11 crore in the corresponding quarter of the previous fiscal, Bajaj Electricals said in a regulatory filing. Consolidated total revenue from operations in the quarter under review stood at Rs 1,064.59 crore, as compared to Rs 1,154.91 crore in the year-ago period, it added. During the quarter, the company reported an exceptional item outgo of Rs 6.68 crore as ex gratia for the Nashik factory in Maharashtra. Total expenses in the first quarter were lower at Rs 1,086 crore, compared to Rs 1,127.24 crore in the same period last fiscal, the company said. The company said its revenue from the consumer products division in the first quarter was lower at Rs 807 crore, compared to Rs 905.16 cro
Technical charts show that shares of Bajaj Finance, Bajaj Finserv and Bajaj Electricals from the Bajaj-group companies are likely to trade with a tepid bias in the upcoming trading sessions.
Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 5,905 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, fro
Bajaj Electricals Ltd on Friday said it has received a demand of Rs 14.08 crore from GST authority in Punjab for alleged mismatch in input tax credit (ITC) claimed by it. In a regulatory filing, Bajaj Electricals Ltd said it has received an assessment order dated February 20, 2025, from the Office of the Assistant Commissioner, Mohali, Punjab alleging liability on reverse charge mechanism, a mismatch in the input tax credit (ITC) claimed by it during FY 2020-21. "Consequently, a total demand of Rs 14.08 crore has been imposed on the company, which includes an alleged tax demand of Rs 7.45 crore, interest of Rs. 5.89 crore, and a general penalty of Rs 75 lakh," it said. The company is currently exploring various legal options and necessary steps, including filing an appeal before the relevant appellate authority, the filing said, adding there is no impact on financial operations or any other activities due to this.
Bajaj Electricals Ltd on Tuesday reported a decline of 10.7 per cent in consolidated net profit at Rs 33.36 crore for the third quarter ended on December 31, 2024. The company had posted a net profit of Rs 37.36 crore in the October-December period a year ago, according to a regulatory filing from Bajaj Electricals. However, its revenue from operations climbed 5 per cent to Rs 1,289.72 crore during the quarter under review. The same stood at Rs 1,228.24 crore in the corresponding quarter a year ago. Bajaj Electricals' total expenses in the December quarter was Rs 1,257.09 crore, up 3 per cent. Its revenue from Consumer Products (CP) rose 8.54 per cent to Rs 1,038.45 crore, against Rs 956.66 crore in the corresponding quarter of the preceding fiscal. However, revenue from Lighting Solutions declined 7.47 per cent to Rs 251.27 crore, in comparison with Rs 271.58 crore a year ago. The company's total income, which includes other income, was Rs 1,302.51 crore, up 2.48 per cent in the
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Bajaj Electricals Ltd on Thursday reported a 52.7 per cent decline in consolidated net profit to Rs 12.90 crore for the second quarter ended September 2024. The company had posted a net profit of Rs 27.28 crore in the July-September period in the year-ago period, according to a regulatory filing by Bajaj Electricals. Its revenue from operations was marginally up at Rs 1,118.33 crore during the quarter under review. It was Rs 1,112.82 crore a year ago. The total expenses of Bajaj Electricals increased 3.73 per cent to Rs 1,118.80 crore in the September quarter. Its revenue from consumer products (CP) rose 1.24 per cent to Rs 868.27 crore against Rs 857.57 crore in the corresponding quarter of the last fiscal. The revenue from lighting solutions slipped 2 per cent to Rs 250 crore. Shares of Bajaj Electricals on Thursday settled at Rs 919.10 on BSE, up 4.03 per cent.
Bajaj Electricals results fall short of expectations in first-quarter, hurt by dampened demand for kitchen appliances and price erosion in key lighting segment
Domestically, foreign institutional investors were net buyers on July 16, acquiring shares worth Rs 1,271.45 crore, whereas domestic institutional investors sold shares worth Rs 529.48 crore.
Bajaj Electricals Ltd on Tuesday reported a 43.47 per cent decline in consolidated net profit to Rs 29.31 crore in the March quarter with revenue impacted by weakness in appliances and general trade. The company had posted a consolidated net profit of Rs 51.85 crore in the year-ago period, Bajaj Electricals said in a regulatory filing. Consolidated total revenue from operations in the quarter under review was Rs 1,188.08 crore as compared to Rs 1,291.97 crore in the same period a year ago, it added. Total expenses in the fourth quarter were lower at Rs 1,186.09 crore as compared to Rs 1,231.69 crore in the corresponding period a year ago. In the fourth quarter revenue dropped on account of weakness in appliances and general trade. Growth in fans and 'Morphy Richards' brand was offset by drop in appliances, the company said. The lighting solutions segment also witnessed a drop in revenue on account of LED price erosion in consumer lighting and higher base effect in professional ...
Bajaj Electricals' total revenue fell 6.2% to Rs 1228 crore, marking the third consecutive quarter of decline
Among individual shares, Bajaj Finance and Bajaj Finserv look ripe for further upside, while Bajaj Auto may witness some consolidation in the near-term, hint charts.
Bajaj Electricals Ltd on Monday reported a 56 per cent decline in consolidated net profit to Rs 27.28 crore for the September quarter on account of weak consumer demand. The company had posted a net profit of Rs 62 crore in the July-September period a year ago, according to a regulatory filing. Its net sales declined 3.76 per cent to Rs 1,107.40 crore in the second quarter of the current fiscal as against Rs 1,150.77 crore in the year-ago period. "The company has achieved a stable performance amidst a weak consumer demand sentiment," its chairman Shekhar Bajaj said in an earnings statement. Bajaj Electricals' total expenses in the September quarter rose 1.2 per cent to Rs 1,097.11 crore. Its revenue from consumer products fell 2.86 per cent to Rs 857.57 crore as against Rs 882.87 crore in the corresponding quarter in the preceding fiscal year. Similarly, revenue from the lighting solutions segment declined 7.42 per cent to Rs 255.25 crore in comparison to Rs 275.73 crore a year .
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Bajaj Electricals Ltd on Thursday reported a 9.85 per cent decline in consolidated net profit at Rs 37.13 crore in the June quarter. The company had posted a net profit of Rs 41.19 crore in the year-ago period, Bajaj Electricals said in a regulatory filing. Its net sales were down 1.5 per cent to Rs 1,107.98 crore in the first quarter of the current fiscal as against Rs 1,124.88 crore in the year-ago period. Bajaj Electricals' total expenses were almost flat at Rs 1,079.02 crore during the quarter, while total revenue maintained its level from the previous year at Rs 1,132.04 crore. Its revenue from the consumer products segment was up 2.01 per cent at Rs 872.60 crore in the quarter under review as against Rs 855.36 crore last year. However, revenue from its lighting solutions segment was down 12.52 per cent to Rs 239.53 crore from Rs 273.83 crore in the June quarter last year. Bajaj Electricals has demerged its engineering, procurement and construction (EPC) business after appro
Consolidated net profit was 371.3 million rupees ($4.49 million) for the three months ended June 30, compared with 429.6 million rupees a year earlier
Among individual stocks, Vinay Rajani the technical & derivative analyst of HDFC Securities recommends to Buy Surya Roshni and Bajaj Electricals.