Bajaj Electricals Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

Bajaj Electricals has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue climbed 6.5% YoY to Rs. 1,282 Cr, with profit before tax soaring 191% to Rs. 71 Cr, fueled by strong Consumer Products growth (up 8.4% YoY) and doubled EBIT in that segment to Rs. 39 Cr. Lighting Solutions revenue stayed steady with a slight EBIT decline. A final dividend of Rs. 3/share has been proposed. The Board approved borrowing up to Rs. 500 Cr via NCDs/commercial papers and doubling overall borrowing limits to Rs. 3,000 Cr. Nirav Bajaj joins as Additional Non-Executive Director; Rajiv Bajaj will retire at the upcoming AGM.