Bajaj Electricals reports 21% rise in turnover in FY14

Bajaj Electricals has achieved a turnover of Rs 4,102 crore (Provisional) for FY14, an increase of 21% over the previous financial year FY13. Of the total, sales from consumer durables business grew 6.15% to Rs 1950 crore, sales from lighting and luminaries surged by 11.63% to Rs 960 crore and sales from engineering and project business increased by 72.97% to Rs 1190 crore. Bajaj Electricals (BEL), part of the Rs 20000 crore Bajaj Group, is engaged in business appliances, fans, lighting, luminaries and engineering and projects.