Bajaj Electricals Ltd

Bajaj Electricals has announced a strategic collaboration with the TIH Foundation for IoT & IoE, located at IIT Bombay, to co-develop smart lighting solutions under the 'Smart Streetlight Control' project. The collaboration brings together Bajaj's market dominance and deep expertise in large-scale lighting deployments with TIH's cutting-edge research in electronics, network communication, and AI/ML technologies. Together, the two organisations aim to create intelligent, energy-efficient lighting systems that advance India's Smart City vision, while contributing to national priorities such as Digital India and Make in India. Under the MoU, the first phase of the partnership will focus on developing AI base lighting solution capable to delivery energy optimisation, efficiency and reliability. Over time, both partners envision extending this collaboration to tackle broader smart infrastructure challenges in the urban landscape. Powered by Capital Market - Live

Bajaj Electricals will hold a meeting of the Board of Directors of the Company on 31 October 2025.Powered by Capital Market - Live

The 'Morphy Richards' brand is being acquired from Glen Electric, which is a part of the Ireland-based Glen Dimplex Group. The total cost of the said acquisition is Rs 146 crore. This transaction will be subject to negotiation and execution of definitive agreements between the parties and the receipt of necessary statutory and regulatory approvals, as applicable,' the company said in a statement. Bajaj Electricals, a part of Bajaj Group, makes consumer products (appliances, fans, lighting) and executes EPC contracts (illumination, transmission line towers and power distribution). The company had reported a sharp 96.76% drop in consolidated net profit to Rs 0.91 crore in Q1 FY26, compared to Rs 28.11 crore in Q1 FY25. Revenue from operations declined 8.07% year-on-year (YoY) to Rs 1,059.23 crore for the quarter ended 30 June 2025. Powered by Capital Market - Live

Bajaj Electronics has commenced the commercial operations of a new Multi Brand Store under the brand name 'BAJAJ ELECTRONICS' on 07 September 2025 at the following location in Telangana: - Sy. No.1485 & 1486, Ward-6, Block-2, Fire Station to V.T. Colony, Hyderabad Road, Nalgonda, Telangana ' 508001 Powered by Capital Market - Live

Revenue from operations declined 8.07% year-on-year (YoY) to Rs 1,059.23 crore for the quarter ended 30 June 2025. Profit before exceptional items and tax stood at Rs 8.93 crore in Q1 FY26, down 76.67% from Rs 38.29 crore in the same quarter last year. The company also reported an exceptional loss of Rs 6.68 crore during the quarter. Segment-wise, revenue from Consumer Products (CP) stood at Rs 807 crore in Q1 FY26, registering a de-growth of 10.84% from Rs 905.16 crore posted in Q1 FY25. Revenue from Lighting Solutions (LS) rose 3.13% to Rs 257.59 crore in Q1 FY26, as against Rs 249.75 crore in Q1 FY25. Meanwhile, the company's board of directors has designated Milind Korgaonkar, the existing Chief Information Officer, as senior management personnel of the company. Bajaj Electricals, a part of Bajaj Group, makes consumer products (appliances, fans, lighting) and executes EPC contracts (illumination, transmission line towers and power distribution). Shares of Bajaj Electricals advanced 3.28% to Rs 615.85 on the BSE. Powered by Capital Market - Live

The Board of Directors of Bajaj Electricals at its meeting held today, i.e., on 07 August 2025, has approved the grant of 2,50,247 Stock Options under the PSOP Plan 2023 to 194 eligible employees of the CompanyPowered by Capital Market - Live

Net profit of Bajaj Electricals declined 96.76% to Rs 0.91 crore in the quarter ended June 2025 as against Rs 28.11 crore during the previous quarter ended June 2024. Sales declined 8.07% to Rs 1059.23 crore in the quarter ended June 2025 as against Rs 1152.25 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1059.231152.25 -8 OPM %3.086.54 - PBDT45.3770.25 -35 PBT8.2038.29 -79 NP0.9128.11 -97 Powered by Capital Market - Live

Bajaj Electricals will hold a meeting of the Board of Directors of the Company on 7 August 2025.Powered by Capital Market - Live

The Board of Bajaj Electricals at its meeting held on 12 May 2025 has approved the appointment of Nirav Bajaj (DIN: 08472468) as an Additional Director in the category of Non-Executive Director of the Company, with immediate effect, i.e. 12 May 2025.Powered by Capital Market - Live

Net profit of Bajaj Electricals rose 101.47% to Rs 59.05 crore in the quarter ended March 2025 as against Rs 29.31 crore during the previous quarter ended March 2024. Sales rose 6.92% to Rs 1262.73 crore in the quarter ended March 2025 as against Rs 1180.98 crore during the previous quarter ended March 2024. For the full year,net profit rose 1.79% to Rs 133.42 crore in the year ended March 2025 as against Rs 131.08 crore during the previous year ended March 2024. Sales rose 4.19% to Rs 4815.91 crore in the year ended March 2025 as against Rs 4622.35 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1262.731180.98 7 4815.914622.35 4 OPM %7.374.21 -6.385.62 - PBDT91.1254.64 67 292.38282.68 3 PBT49.8824.45 104 148.31173.10 -14 NP59.0529.31 101 133.42131.08 2 Powered by Capital Market - Live