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  • Hope to cut debt by Rs 150-200 crore in FY20, says Bajaj Electricals CFO

    Heavy debt and receivables stuck in the Uttar Pradesh EPC order impacted the finance cost of the company in Q1

  • Uttar Pradesh EPC order execution boosted Q2 revenue: Bajaj Electricals CFO

    The electrical goods company saw a 127 percent YoY revenue growth in EPC segment in Q2

  • Starlite investments failed to pay off as LED killed CFL market: Bajaj Electricals CFO

    The company took a one-time hit of Rs 89.36 crore on provisions for its joint venture Starlite Lighting, producing CFL products.

  • Expect 10% reduction in value due to GST; FY19 to be a good year: Bajaj Electricals

    In an interview to CNBC-TV18, Shekhar Bajaj, CMD of Bajaj Electricals spoke about the latest happenings in his company and sector.

  • Eyeing double-digit growth in Q4 for consumer & EPC biz: Bajaj Electricals

    Confident of double-digit growth both in consumer product and in engineering and projects (EPC), closer to 20 percent, said Shekhar Bajaj, CMD, Bajaj Electricals.

  • Hopeful of acquiring new customers in mobile segment in Q4: Dixon Technologies

    We are working hard for new customer acquisition. We have added Crompton Greaves Consumer Electrical, Wipro and Bajaj Electricals as customers in last two quarters in lighting vertical. We have added Samsung and Lloyd as our customers in the washing machine segment. In television sector, we have added Flipkart, Atul Lall, MD of Dixon Technologies-India said.

  • Have not heard anything directly about GST rate reduction, says Bajaj Electricals

    In an interview to CNBC-TV18, Shekhar Bajaj, CMD of Bajaj Electricals spoke about the buzz that goods and services tax (GST) on consumer durables likely to come down.

  • Covered 60% of market through new distribution model: Bajaj Electricals

    In an interview to CNBC-TV18, Shekhar Bajaj, CMD of Bajaj Electricals spoke about the latest happenings in his company and the sector.

  • Expect 20% growth in EPC business in FY18: Bajaj Electricals

    Bajaj Electricals’ Q1 earnings came in slightly below street expectations. In an interview to CNBC-TV18, Shekhar Bajaj, CMD of the company spoke about the results and his outlook going forward.

  • Expect 10% growth in current year: Bajaj Electricals

    “We have done electrification of total 25,000 villages in the last two-three years,” Shekhar Bajaj, CMD of Bajaj Electricals told CNBC-TV18.

  • Margins will be better going forward: Bajaj Electricals

    Bajaj Electricals reported a weak set of earnings. In an interview to CNBC-TV18, Shekhar Bajaj, CMD of the company spoke about the results.

  • Expect double-digit growth for consumer durables in FY18: Bajaj Electricals

    In an interview to CNBC-TV18, Shekhar Bajaj, CMD of Bajaj Electricals spoke about the latest happenings in his company and sector.

  • Aim to clock revenue of Rs 5000 cr in FY17: Bajaj Electrical

    The company has merged four consumer facing business—lighting, domestic, kitchen appliances and fans— into consumer product business from April this year, says Shekhar Bajaj, CMD of Bajaj Electricals.

  • Aiming for over Rs 5,000 crore revenue in FY17: Bajaj Elec

    Bajaj Electricals is expecting to do over Rs 5000 crore in revenues in the current fiscal, says its CMD Shekhar Bajaj. Watch the video for mo

  • Consumer durables sales to revive by end FY17: Bajaj Electricals

    CMD Shekhar Bajaj says Bajaj Electricals is looking at revising its strategy and adopting the FMCG model to improve its consumer durables business.

  • Aiming for Rs 5,500 crore turnover in FY17: Bajaj Electricals

    At present, Bajaj has an order book of Rs 2,000 crore, and that it will bid for those tenders that will meet the company's margins requirements. It, however, plans to add more distributors to its network, says Shekhar Bajaj, CMD, Bajaj Electricals.

  • Secondary sales, distribution prime focus: Bajaj Electricals

    The company will now be focusing more on its secondary sales and improving the distribution network, says Shekhar Bajaj, Chairman & Managing Director of Bajaj Electricals.

  • See double digit growth in FY17: Bajaj Electricals

    Bajaj Electricals posted a decent set of numbers with both EPC and consumer business looking good.

  • See uptick in demand; FY16 margins at 6%: Bajaj Electricals

    Anant Bajaj, Joint MD, Bajaj Electricals is not concerned about demand going forward because third quarter and fourth quarter are traditionally strong quarters for the company.

  • HLL's margins may improve post deal: Bajaj Electricals

    Shekhar Bajaj, Chairman and MD of Bajaj Electricals, expects transactions to close in the next 12 months.

  • Expect Rs 5000 cr of revenues in FY16: Bajaj Electricals

    Shekhar Bajaj, CMD, Bajaj Electricals says that the company‘s margins in lighting and projects segments will improve going forward.

  • Rurban mission to help penetrate rural mkt:Bajaj Electrical

    In an interview with CNBC-TV18, Shekhar Bajaj, CMD - Bajaj Electrical said the 'Rurban' mission of the government will be catalyst for rural markets growth.

  • See better margins and sales Q2 onwards: Bajaj Electricals

    Shekhar Bajaj, CMD, Bajaj Electricals expects growth in sales of consumer durables to continue in the second quarter also.

  • Rural market growing at faster pace: Bajaj Electricals

    Talking to CNBC-TV18, Anant Bajaj, Joint MD of Bajaj Electricals said with better accessibility to areas and availability of electricity, rural market is growing at faster pace than the urban market.

  • Aiming for Rs 5000 crore topline in FY16: Bajaj Electricals

    Shekhar Bajaj, CMD of Bajaj Electricals is very bullish on the LED lighting business where they have won order worth Rs 41 crore last month and have also received orders worth Rs 80 crore orders for Luminaires.

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