Bajaj Electricals net gain rises to 64%
Thursday, July 30, 2009 3:06 pm
By ShareGyan.com NewsDesk

Bajaj Electricals posted consolidated net earnings of 64% due to an improved product blend, lessening of cost pressures and enhanced procurement. The quarter closed on 30th June to Rs.16.4crore, opposed to Rs.10crore in the consequent period of the earlier economic year. The proceeds for the early quarter also rose by 15% to Rs.365crore, as opposed to Rs.318crore in the consequent period of the last fiscal.

Reportedly, the productivity performance in the wake of moderately hard demand conditions is very encouraging. The improved margins are likely to sustain that will ensue in better gains opposed to 2008.