Bajaj Electricals announced Q3FY23 results: Q3FY23: The company has achieved revenue from operations of Rs 1,484 crore. as against Rs 1,320 crore, a growth of 12% over the third quarter of the previous year. In the quarter, the company made a profit before tax and profit after tax of Rs 83 crore and Rs 61 crore respectively, as against profit before tax and profit after tax of Rs 66 crore and Rs 48 crore respectively, in the corresponding quarter of the previous year. During the quarter, the Consumer Products (CP) segment of the company has earned total revenue of Rs 1,039 crore as against Rs 950 crore a growth of 9% over the corresponding quarter of the previous year CP recorded an EBIT of Rs 78 crore as against Rs 91 crore in the corresponding quarter of the previous year. CP operating margins are at 7.5%. The Lighting Solutions (LS) segment of the company has earned total revenue of Rs 270 crore as against Rs 276 crore a de-growth of 2% over the corresponding quarter of the previous year. LS recorded an EBIT of Rs 17 crore as against Rs 10 crore in the corresponding quarter of the previous year. LS operating margins are at 6.4%. The EPC segment has achieved total revenue of Rs 175 crore as against Rs 94 crore registering a growth of 87% over the corresponding quarter of the previous year. EPC recorded a profit of Rs 1 crore as against a loss of Rs 9 crore in the corresponding quarter of the previous year. 9MFY23: The company generated positive cashflow from operations of Rs 375 crore cash equivalents and surplus investments are at Rs 380 crore. Mr. Shekhar Bajaj, Chairman of Bajaj Electricals Limited, said “Consumer Products revenues have crossed Rs 1,000 crore for the quarter, which has helped achieve a PBT growth of 25.2%, in a tough market. EPC has delivered positive EBIT for the current quarter coupled with a strong focus on a collection of receivables.” Result PDF