Bajaj Electricals aims 48% jump in revenue this fiscal

NEW DELHI : Consumer durables maker Bajaj Electricals is eyeing around 48% growth in revenue to ₹7,000 crore this fiscal, mainly driven by robust performance of its engineering procurement and construction (EPC) segment, said a top company official. The company’s major growth is coming from its EPC segment, on the back of big orders of power distribution and transmission line projects in Uttar Pradesh. “We would end current fiscal with around ₹6,800 crore to ₹7,000 crore as per our estimates,” Bajaj Electricals chairman and managing director Shekhar Bajaj told PTI. Bajaj Electricals had posted a revenue of ₹4,716.39 crore last fiscal, in which EPC had contributed around ₹2,500 crore.