Bajaj Electricals on Tuesday reported a 28.73 per cent decline in consolidated net profit at Rs 38.67 crore for the fourth quarter ended March 2022.

The company had posted a net profit of Rs 54.26 crore for March quarter of the previous fiscal year, Bajaj Electricals said in a regulatory filing.

However, total revenue from operations was up 6.02 per cent at Rs 1,334.32 crore during the quarter under review as against Rs 1,258.47 crore in the year-ago period.

Total expenses were at Rs 1,299.61 crore in March quarter 2021-22 as compared to Rs 1,214.47 crore in the year-ago period.

Shares of Bajaj Electricals were trading at Rs 938.20 apiece on Tuesday afternoon, up 2.69 per cent from its previous close. PTI KRH AJ ANU ANU

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