Shekhar Bajaj

Bajaj Auto announced on Tuesday that Shekhar Bajaj has resigned as a non-executive director owing to health concerns. According to a regulatory filing, the resignation will take effect on June 30, 2022.

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.

Yes Bank upbeat on using blockchain, to add more processes

As part of the tie-up, the bank has completely digitalised its processes when it comes to transactions with Bajaj Electricals and its vendors in such a way that blockchain solutions can be implemented, an official spokesperson said.

Lightings segment weak, others to aid growth: Bajaj Electricals

The negative growth of around 31 percent in the lighting segment led to - 5.4 percent growth in consumer products, which in turn was the reason for a poor second quarter performance, said Shekhar Bajaj, Chairman & Managing Director, Bajaj Electricals.

LED to account for 50% of lighting biz revenue by FY18:Bajaj

"In FY 2017-18, around 50 percent of our revenue of lighting would come from LED segment," Bajaj Electricals Ltd Chairman and Managing Director Shekhar Bajaj told PTI.

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

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.

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.

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.

Bajaj Electricals Q3 net loss at Rs 52.26 cr on lower sales

The company had reported a net profit of Rs 20.03 crore in the same period of the previous fiscal, Bajaj Electricals said in a BSE filing. Net sales during the October-December period this fiscal increased marginally by 0.27 percent to Rs 1,029.27 as against Rs 1026.42 crore in the same period last year.

Saw post Diwali pickup; next 4 months critical: Bajaj Elec

Bajaj Electricals CMD Shekhar Bajaj says with winter not setting in yet, sales of winter-dependent products are yet to pick up. Also, with online retailers offering such steep discounts, there is confusion in the minds of consumers.

LED will start eating mkt share of CFL: Bajaj Electricals

LED products are more power efficient and can be of big advantage, Shekhar Bajaj, CMD, Bajaj Electricals said.

Upset with Q2 nos; order book at Rs 3.1k cr: Bajaj Elec

Bajaj electricals reported a loss of over Rs 14 crore this quarter.

Bajaj Electricals surges 7% on 8 orders in Madhya Pradesh

The engineering & project business unit of the company has bagged eight new orders for rural electrification work in Jabalpur District from Madhya Pradesh Purva Kshetra Vidyut Vitaran Company and in Bhopal District from Madhya Pradesh Madhya Kshetra Vidyut Company, under Rajiv Gandhi Gram Vikas Yojana, aggregating to Rs 518.46 crore.

Targeting Rs 1,500 cr revenue in FY15: Bajaj Electricals

Bajaj Electricals has secured fresh orders worth Rs 518 crore in the Engineering and Projects (E&P) division.

Lighting, consumer durables may grow 15%: Bajaj Electricals

Despite a slight slowdow, Bajaj Electricals is confident of achieving over 15% growth in the lighting & consumer durables business.

See no price hike in FY14; Bajaj Electricals

Shekhar Bajaj, CMD of Bajaj Electricals, says they see no slowdown in rural markets. In fact they expect a sales growth of Rs 4200 crore for FY14.

Will make profits in E&P biz in Q4FY14: Bajaj Electricals

In an interview to CNBC-TV18, Shekhar Bajaj, Chairman & MD of Bajaj Electricals says that the margins in the June quarter were impacted due to the loss in engineering & projects business.

Appliances to be costlier, blame rupee: Bajaj Electricals

In an interview to CNBC-TV18, Shekhar Bajaj, CMD of Bajaj Electricals spoke about the impact of rupee depreciation and his plans for the company in FY14.

Bajaj Electricals Q2 net up 8% on one-time gain, lower tax

Bajaj Electricals' second quarter net profit rose 8% year-on-year to Rs 27 crore as losses in the engineering and projects business were offset by one-time profit from sale of investment and lower tax expenses.

Bajaj Electricals maintains FY13 sales target of Rs 3800cr

The overall economy may be in a slowdown, Bajaj Electricals still feels it will be able to achieve its earlier revenue guidance of Rs 3,800 crore this year, helped by strong growth in consumer durablés and lighting.

Bajaj Electricals Q1 net up 9% at Rs 12 cr

Bajaj Electricals' first quarter net profit rose 9% year-on-year to Rs 12 crore, as strong sales growth in consumer appliances was offset by continued sluggishness in engineering and projects business.

Expect to clock Rs 130cr sales this year: Hercules Hoists

For the current year, the company is targeting sales of around Rs 130 crore against sales of Rs 121 crore witnessed in FY11. "For ’12-13 we expect to continue to grow by 10% and with the export market growing, we can expect another 15-20% growth," he added.