Revenue slips 2.1 per cent year-on-year, while Ebitda margin contracts to 6.1 per cent; board retains final dividend at Rs 3 per share and approves proposal to raise up to Rs 500 crore
Bajaj Electricals on Friday reported a consolidated net loss of Rs 67.5 crore for the fourth quarter of FY26, compared with a net profit of Rs 59.1 crore in the year-ago period, as weaker operating performance and exceptional losses weighed on earnings.
Revenue from operations declined 2.1 per cent year-on-year to Rs 1,239.5 crore during the January-March quarter, from Rs 1,265.5 crore a year earlier. Earnings before interest, tax, depreciation and amortisation (Ebitda) fell 28.9 per cent to Rs 75.2 crore from Rs 105.8 crore in the corresponding quarter last year.
The company’s Ebitda margin narrowed to 6.1 per cent in Q4FY26 from 8.4 per cent in Q4FY25.
Bajaj Electricals posted an exceptional loss of Rs 55.58 crore in the quarter under review, against an exceptional gain of Rs 21.37 crore in the same quarter last year, impacting the bottom line.
Dividend Maintained
The board recommended a final dividend of Rs 3 per equity share with a face value of Rs 2 each for FY26, keeping the payout ratio unchanged at 150 per cent from the previous financial year. The dividend, subject to shareholders’ approval at the company’s 87th annual general meeting, will be paid on or after 6 August 2026.
Separately, the board approved a proposal to seek shareholders’ enabling approval to raise up to Rs 500 crore through the issuance of securities, including unsecured non-convertible debentures and commercial papers, in one or more tranches depending on market conditions.
The company also appointed Ashween Anand as chief financial officer with effect from 16 May 2026.
Ahead of the earnings announcement, shares of Bajaj Electricals settled 0.42 per cent higher at Rs 391.30 on the National Stock Exchange (NSE) on Friday.
