Bajaj Electricals (NSE:BAJAJELEC) Second Quarter 2023 Results
Key Financial Results
- Net income: ₹602.3m (down 4.2% from 2Q 2022).
- EPS: ₹5.39 (down from ₹5.45 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bajaj Electricals Earnings Insights
Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India.
Performance of the Indian Consumer Durables industry.
The company’s shares are down 1.3% from a week ago.
It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 2 warning signs with Bajaj Electricals (at least 1 which is potentially serious), and understanding them should be part of your investment process.
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