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Bajaj Electricals Q2 net loss at Rs 14 crore

PTI November 13, 2014 16:50 IST

New Delhi: Bajaj Electricals Ltd on Thursday reported a net loss of Rs. 14.21 crore for the second quarter ended September.

The company had reported net loss of Rs. 15.35 crore in the same period of the previous fiscal, Bajaj Electricals said in a BSE filing.

Its net sales during the second quarter of 2014-15 stood at Rs. 1,028.63 crore, up 9.32 per cent, from Rs. 940.92 crore during the same period last year.

Revenues from the lighting business stood at Rs. 225.95 crore, as against Rs. 250.93 crore, while revenues from consumer durables segment increased to Rs. 465.74 crore from Rs. 449.09 crore.

Revenues from the engineering and projects segment were at Rs. 337.29 crore in the quarter under review as against Rs. 241.59 crore in the year-ago period.

The company's shares were trading 14.32 per cent down at Rs. 237 per scrip during afternoon session on the BSE.