Ba­jaj Elec­tri­cals eyes 48% jump in rev­enue to ~7,000 cr

Business Standard - - COMPANIES -

Con­sumer durables maker Ba­jaj Elec­tri­cal sis eye ing around 48 per­cent growth in rev­enue to ~7,000 cr ore this fis­cal, main­ly­drivenby ro­bust per­for­mance of its E PC seg­ment, saidatop­com­pany of­fi­cial. The com­pany’ s ma­jor growth is com­ing from its engi­neer­ing, pro­cure­ment and con­struc­tion( E PC) seg­ment, on­the­back­of­big or­ders of power dis­tri­bu­tion and trans­mis­sion line projects in­Utt ar Pradesh .“We would end cur­rent fis­cal with around ~6,800 cr ore to ~7,000 cr ore as per our es­ti­mates ,” Ba­jaj Elec­tri­cal sC hair man and Man­ag­ing Di­rec­torS hekh ar Ba­ja­j­said. Baja jElec­tri­cals had posted a rev­enue of ~4,716.39 last­fis­cal, in­which E PC had con­trib­uted around 2,500crore.

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