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Bajaj Electricals reports Rs10.65 crore loss in Q4

LiveMint logoLiveMint 29-05-2014 PTI

New Delhi: Bajaj Electricals Ltd on Thursday reported a loss of `10.65 crore for the quarter ended 31 March.

It had posted a net profit of `63 lakh in the January -March period of last fiscal, Bajaj Electricals said in a BSE filing. However, its net sales during the quarter under review increased to `1,269.51 crore, against `1,099.74 crore in the year-ago period. For the fiscal 2013-14, the company had a net loss of `5.31 crore.

It had reported a profit of `51.21 crore in the previous fiscal. The net sales for the year increased to `4,024.04 crore from `3,370.58 crore in 2012-13.

Shares of Bajaj Electricals were trading at `345 per scrip during afternoon trade at BSE, down 6.82% from their previous close.

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