Bajaj Electricals Q2 net loss at Rs 14.21 crore | business | Hindustan Times
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Bajaj Electricals Q2 net loss at Rs 14.21 crore

Bajaj Electricals Ltd on Thursday reported a net loss of Rs 14.21 crore for the second quarter ended September.

business Updated: Nov 13, 2014 15:39 IST
Bajaj

Bajaj Electricals Ltd on Thursday reported a net loss of Rs 14.21 crore for the second quarter ended September.

The company had reported net loss of Rs 15.35 crore in the same period of the previous fiscal, Bajaj Electricals said in a BSE filing.

Its net sales during the second quarter of 2014-15 stood at Rs 1,028.63 crore, up 9.32%, from Rs 940.92 crore during the same period last year.

Revenues from the lighting business stood at Rs 225.95 crore, as against Rs 250.93 crore, while revenues from consumer durables segment increased to Rs 465.74 crore from Rs 449.09 crore.

Revenues from the engineering and projects segment were at Rs 337.29 crore in the quarter under review as against Rs 241.59 crore in the year-ago period.

The company's shares were trading 14.32% down at Rs 237 per scrip during afternoon session on the BSE.