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4d ago

Bajaj Electricals Posts Record Q4 Profit Growth, Announces Rs 3 Dividend

The company's net profit surged 103% year-on-year, revenue grew 6.5%, and a leadership change buoyed investor confidence with shares jumping nearly 15%.

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Overview

  • Bajaj Electricals reported a 103% year-on-year jump in Q4 FY25 net profit to Rs 59.05 crore, marking a significant rebound.
  • Revenue for the quarter rose 6.5% to Rs 1,265 crore, driven by strong performance in Consumer Products, which grew 8.38%.
  • The board recommended a Rs 3 per share dividend for FY25, pending shareholder approval at the upcoming AGM.
  • The company's share price surged nearly 15% on May 12, reflecting positive market reception to the results and dividend announcement.
  • Sanjay Sachdeva was appointed as the new Managing Director and CEO, signaling a strategic leadership shift for future growth.