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

Bajaj Electricals posted good earnings this quarter with EBITDA beating street expectations. The net profit for the company came in at Rs 36.8 crore was up 24 percent versus Rs 29.7 crore year on year. EBITDA was up 4.6 percent at 70.3 versus Rs 67.2 crore.

Shekhar Bajaj, Chairman & Managing Director of the company in an interview to CNBC-TV18 shared the outlook going forward.

He is confident that in Q4 they will do double-digit growth both in consumer product and in engineering and projects (EPC) closer to 20 percent.