Consumer Durables News

Bajaj Electricals Second Quarter 2023 Earnings: EPS: ₹5.39 (vs ₹5.45 in 2Q 2022)

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).
NSEI:BAJAJELEC Earnings and Revenue Growth November 10th 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.

Risk Analysis

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.

Valuation is complex, but we’re helping make it simple.

Find out whether Bajaj Electricals is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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