Bajaj Electricals has showcased impressive growth in the fourth quarter of FY25, marking a significant leap in its financial performance. The company’s consolidated net profit surged to Rs 59.05 crore, a notable increase from Rs 29.31 crore during the same period last year. Additionally, revenue from operations climbed by 6.5%, reaching Rs 1,265.47 crore, compared to Rs 1,188.08 crore in Q4 FY24.

Dividend Announcement: A Generous Payout

In an exciting development, Bajaj Electricals’ Board of Directors has proposed a dividend of Rs 3.00 per share, equivalent to 150% of the face value of Rs 2 per equity share for the fiscal year ending March 31, 2025. This dividend, pending approval from shareholders at the upcoming 86th Annual General Meeting (AGM), is set to be dispatched by August 11, 2025.

Segment Performance: Diverse Growth Drivers

Bajaj Electricals’ Consumer Products segment demonstrated robust growth, generating Rs 994 crore in revenue, reflecting an 8.4% increase from Rs 917 crore the previous year. Impressively, the segment’s EBIT more than doubled to Rs 39 crore, up from Rs 16 crore in the last fiscal year, showcasing resilience despite a sluggish summer season.

In contrast, the Lighting Solutions segment experienced flat revenue, reporting Rs 271 crore, a modest 0.2% increase. The EBIT for this segment fell slightly to Rs 21 crore from Rs 23 crore a year prior, yet EBIT margins remained steady at 7.8%.

For the quarter ending March 31, 2025, Bajaj Electricals generated a healthy cash flow of Rs 87 crore from operations, with total cash equivalents and surplus investments amounting to Rs 509 crore.

Future Outlook: Commitment to Innovation

Chairman Shekhar Bajaj expressed optimism about the company’s trajectory, emphasizing their dedication to investing in brand development and product innovation. "We are heartened by this quarter’s performance and believe that with the recent interest rate cuts from the RBI and controlled inflation rates, demand will likely strengthen," he remarked.

Leadership Change: New Vision Ahead

In a strategic move, Bajaj Electricals has appointed Sanjay Sachdeva as its new Managing Director and CEO. A distinguished alumnus of IIT Delhi and IIM Calcutta, Sachdeva brings a wealth of global experience, having worked in diverse markets including India, China, Brazil, and the Middle East, with a previous tenure at Unilever.

With these developments, Bajaj Electricals is poised for continued growth and innovation, reinforcing its position in the competitive electrical market.