Bajaj Electricals Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company reported a 1.8% year-on-year growth in Gross Margin and a significant 51.2% increase in EBIT for Q2 FY’27. Revenue from operations saw a modest 1.5% growth compared to the previous year.
Bajaj Electricals Q2 FY’27 Financial Highlights
Bajaj Electricals Limited has released its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company showcased varied performance across key financial metrics.
Key Financial Performance Metrics (Q2 FY’27 vs. Q2 FY’26)
- Revenue from Operations: Increased by 1.5% to ₹1,123 Crore from ₹1,107 Crore.
- Gross Margin: Grew by 1.8% to ₹358 Crore from ₹352 Crore.
- EBIT: Saw a substantial rise of 51.2% to ₹50 Crore from ₹33 Crore.
- Profit Before Exceptional Items and Taxes (PBT): Jumped by 70.0% to ₹34 Crore from ₹20 Crore.
- Profit After Tax (PAT): Increased by 160% to ₹26 Crore from ₹10 Crore.
Segment Performance
The company’s performance was driven by growth in Consumer Products (CP), which saw a 2.4% revenue increase, largely attributed to Kitchen & Domestic Appliances. This growth was partially offset by a degrowth in Fans and MR. The Lighting Solutions (LS) segment experienced a slight decline of 1.3% in revenue, with growth in Consumer Lighting being impacted by a drop in Professional Lighting.
Operational Commentary
The commentary highlights growth in Kitchen Appliances and Water Heaters within the Consumer Products segment. Despite a degrowth in MR & Fans, premium and BLDC fans showed significant YoY growth. In Lighting Solutions, Consumer Lighting experienced double-digit growth driven by new categories. Professional Lighting saw a degrowth due to project phasing.
Cash Flow Summary (H1 FY’27)
For the half-year ended September 30, 2026, Net Cash from Operating Activities was (₹50 Crore). Net Cash from Investing Activities was ₹36 Crore, primarily due to capital expenditure. Financing activities resulted in a net cash usage of (₹86 Crore), including lease liabilities, interest, and dividend payments. The closing balance of Cash & Bank balances stood at ₹122 Crore.
Source: BSE
