Tuesday 14 January 2014

Bajaj Electricals aims to achieve top-line of Rs 5,000 crore in FY15

Bajaj Electricals is aiming to achieve top-line of Rs 5,000 crore in financial 2014-15, up by over 47% from Rs 3,400 crore clocked in 2012-13. Moreover, the company which is now growing at about 25% is targeting aggressively to touch Rs 4,200- 4,300 crore sales revenues in fiscal 2013-14. The consumer durables and lighting segments are expected to cross sales revenues of Rs 2,100 crore and Rs 900 crore respectively in 2013-14.

Further, the company’s projects order book at the end of Q3 of 2013-14 fiscal stood at Rs 1,465 crore, and is expected touch Rs 1,500 crore by the end of the fiscal.

Bajaj Electricals (BEL), part of the Rs 20000 crore Bajaj Group, is engaged in business appliances, fans, lighting, luminaries and engineering and projects.

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