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Pain for engg, but lighting & consumers good: Bajaj Elec

“While fixed-costs and interest rate burden played havoc with Q1, the engineering segment is likely to pick up going forward,” says Shekhar Bajaj, chairman and managing director, Bajaj Electricals. Speaking to CNBC-TV18, he says that other segments like consumer durables and lighting are doing well.

August 29, 2011 / 19:49 IST
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Concerns are adrift that earnings for Bajaj Electricals could take a hit on account of a slowdown in sales of the engineering segment of the company. Shekhar Bajaj, chairman and managing director of Bajaj Electricals joins CNBC-TV18 to allay fears and discuss the prospects of the business and highlight the way forward for the company on the whole.

first published: Aug 29, 2011 02:45 pm

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