Bajaj Electricals Q3 net profit grows 90% to Rs 18.9cr

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Bajaj Electricals Q3 net profit grows 90% to Rs 18.9cr

This article was posted on Feb 5, 2008 and is filed under Press Releases

Bajaj Electricals, further consolidated its position during the third quarter ended 31st Dec 2007. The net sales/income from operations for the third quarter is higher by 28.9 % at Rs. 365.1 Crore as against Rs. 283.3 Crore in the third quarter of the previous year. The Profit before Tax has improved by 83.1% to Rs. 29.6 Crore as against Rs 16.2 Crore in the third quarter of the previous year. The net profit for the third quarter has grown by 90 % to Rs. 18.9 Crore, as against a net profit of Rs. 9.9 Crore in the corresponding period of the previous year.

During the first nine months of the current year net sales/income from operations is higher by about 30.6 % at Rs. 922.3 Crore as against Rs. 706 Crore in the corresponding period of the previous year. The Profit before Tax has improved by 97.6% to Rs. 62.6 Crore as against Rs 31.7 Crore in the corresponding period of the previous year. The net profit for the period has grown by 103.3 % to Rs. 39.9 Crore, as against a profit of Rs. 19.6 Crore in the corresponding period of the previous year.

Sourced From: LINOpinion – The Lintas Public Relations Division

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