Bajaj Electricals stock profit jumps 160% as Q2 revenue edges up
Published on 11/10/2026 at 02:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit improved, growth stayed modest
- Consumer Products revenue rose 2.4 percent, while Lighting Solutions revenue declined 1.3 percent.
- Operating cash flow for the first half was negative at 50 crore, while cash and equivalents stood at 845 crore at quarter-end.
- The company launched 18 consumer products and 25 consumer-lighting products during the quarter.
Bajaj Electricals reported a sharp improvement in quarterly profitability on October 28, 2026, while sales growth remained limited. According to Free Press Journal, consolidated net profit for the quarter ended September 30 rose to 26 crore from 10 crore a year earlier, while revenue from operations reached 1,123 crore from 1,107 crore.
Profit gains outpaced sales
Profit before tax more than doubled to 35 crore from 16 crore. Gross margin increased to 358 crore from 352 crore, while staff costs fell to 86 crore from 107 crore. Other expenses rose to 206 crore from 183 crore, partly offsetting the margin improvement.
Consumer Products revenue grew 2.4 percent to 853 crore, supported by appliances and fans. Lighting Solutions revenue slipped 1.3 percent to 271 crore as weaker professional lighting offset growth in consumer lighting.
New products support demand
Bajaj Electricals launched 18 consumer products during the quarter, including a water heater, a mixer grinder and cooktops. The consumer-lighting business added 25 products, including an emergency light and an LED panel.
Cash and cash equivalents stood at 845 crore on September 30. Operating cash flow for the six months ended that date was negative at 50 crore, leaving working-capital trends relevant for investors as the company invests in product expansion.
Business and competitive position
Bajaj Electricals is an India-based consumer electricals company serving the consumer-products and lighting markets with appliances, fans, water heaters, cooktops and lighting products. Its portfolio also includes professional lighting and newer categories such as switchgear. In the Indian market, the company competes with Havells India, Crompton Greaves Consumer Electricals and Orient Electric; compared with these broader electrical-goods peers, Bajaj Electricals remains a focused branded player spanning appliances, fans and lighting. The company says its distribution reaches more than 200,000 retail counters across over 500 districts.
Bajaj Electricals at a glance
- Company: Bajaj Electricals Limited
- ISIN: INE193E01025
- Reporting period: Second quarter of fiscal year 2027, ended September 30, 2026
- Consolidated revenue: 1,123 crore
- Consolidated net profit: 26 crore
- Consumer Products revenue: 853 crore
- Lighting Solutions revenue: 271 crore
India's broader equity market remains the backdrop for investors assessing consumer-demand and margin trends.
