Bajaj Electricals Q3 Results: Net profit falls 11% to ₹33 crore, revenue up 5%; shares end in green

Bajaj Electricals on Tuesday posted a 10.7% fall in its consolidated net profit to ₹33.36 crore for the October-December quarter of the current fiscal year (Q3 FY25), down from ₹37.36 crore posted in the year-ago period.

The company’s revenue from operations jumped 5% to ₹1,289.72 crore for the reporting quarter, up from ₹1,228.24 crore posted in Q3 FY24. Total expenses of the company in the December quarter was at ₹1,257.09 crore, up 3%.

Despite the muted earnings announcement, shares of Bajaj Electricals ended in the green, up 1.35% at ₹729 apiece on the NSE on Tuesday.

The company’s market capitalisation stands at ₹8,407.89 crore. The stock is trading 12% up from the 52-week low it recently hit on January 27, 2025, when its shares hit ₹650 apiece on the NSE.

Bajaj Electricals’ revenue from Consumer Products (CP) increased 8.54% to ₹1,038.45 crore, as against ₹956.66 crore in the year-ago quarter.

However, revenue from Lighting Solutions declined ₹251.27 crore, down 7.47% as compared to ₹271.58 crore in the previous fiscal. The company's total income stood at ₹1,302.51 crore in the December quarter, up 2.48% year-on-year (YoY).

As per a Reuters report, the company surpassed the revenue estimates for Q3 on the back of festival demand boost.