Ba­jaj Elec­tri­cals aims 48% jump in rev­enue this fis­cal

Hindustan Times (Delhi) - - COMMENT -

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.

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