Bajaj Electricals reports consolidated net loss of Rs 1.14 crore in the March 2020 quarter

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Sales decline 26.55% to Rs 1293.27 crore

Net loss of Bajaj Electricals reported to Rs 1.14 crore in the quarter ended March 2020 as against net profit of Rs 24.73 crore during the previous quarter ended March 2019. Sales declined 26.55% to Rs 1293.27 crore in the quarter ended March 2020 as against Rs 1760.83 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 9.27 crore in the year ended March 2020 as against net profit of Rs 156.40 crore during the previous year ended March 2019. Sales declined 25.61% to Rs 4938.90 crore in the year ended March 2020 as against Rs 6638.89 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1293.271760.83 -27 4938.906638.89 -26 OPM %2.833.59 -4.165.09 - PBDT17.4746.30 -62 80.83285.06 -72 PBT-2.0731.70 PL 7.16241.12 -97 NP-1.1424.73 PL -9.27156.40 PL

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First Published: Fri, June 19 2020. 14:23 IST