The engineering and projects business has grown at 40%, appliances business at 30% and our lighting, luminaire and fans business has grown at 30%.

Mumbai: Appliances and lighting products maker Bajaj Electricals Ltd expects better margins in the fourth quarter of FY09 on the back of falling raw material costs, a senior official said.

“The fourth quarter has been a rollicking quarter for us..We have closed the year with approximately Rs.1,750 crores in terms of sales turnover and all our business have done extremely well,” R.Ramakrishnan, executive director, told television channel NDTV Profit.

The engineering and projects business has grown at 40%, appliances business at 30% and our lighting, luminaire and fans business has grown at 30%, he added.

Falling raw material prices particularly copper and aluminium will improve its bottomline, he added. 

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