Bajaj Electricals Q1 profit jumps to ₹48 crore as EBITDA margin more than doubles
Bajaj Electricals reported Q1 FY27 net profit of ₹48 crore versus ₹1 crore a year earlier, with EBITDA margin rising to 7% from 3.1%. Consumer Products returned to a ₹32 crore EBIT profit despite sales growth of just 1.7%, aided by channel consolidation and cost efficiencies.
Bajaj Electricals reported sharply higher Q1 FY27 profit as margins expanded. Its Consumer Products division returned to positive EBIT despite modest sales growth, supported by execution, channel consolidation and cost efficiencies. The board also named Krishnan Sundaram chief growth and new business officer.
Why this matters
The result follows Bajaj Electricals' ₹67.5 crore Q4 loss despite a ₹3 dividend and comes as HDFC Securities retained a Reduce rating with a ₹315 target. It also builds on the recent signal that Consumer Products returned to EBIT profit.
The retail-company theme is accelerating, up 166744% QoQ.