Electronics

Bajaj Electricals Ltd has announced an impressive two-fold increase in its consolidated net profit for the March quarter of FY25, reaching Rs 5,905 crore, up from Rs 29.31 crore in the same period the previous year. The company’s revenue from operations also rose by 6.5%, reflecting a solid performance across its Consumer Products and Lighting Solutions segments. Despite a slight decline in annual net profit, Bajaj Electricals' strong quarterly results and approval of a 150% dividend have bolstered investor confidence, with its shares surging 16.38% on the BSE.

On Tuesday, promoters of PG Electroplast Ltd executed a significant divestment, offloading a combined 5.3 percent stake worth Rs. 1,132 crore via open market transactions. This move reduced the promoter group’s holding to 44.07 percent from 49.37 percent, reflecting a strategic liquidity event. Concurrently, institutional investors, including the Singapore government and Motilal Oswal Asset Management, increased their stakes, acquiring shares valued at Rs. 408 crore.

Whirlpool of India Ltd has reported a robust 50.4% year-on-year increase in consolidated net profit for the fourth quarter ended March 2025, reaching Rs. 119.47 crore. This performance was underpinned by higher operating revenues and an exceptional gain linked to an insurance settlement. For the full fiscal year, the company recorded a consolidated profit of Rs. 362.78 crore, marking a significant jump from the previous year. Despite higher expenses, Whirlpool’s growth trajectory remains solid, bolstered by strong consumer demand and operational resilience.

Eureka Forbes Ltd has reported a striking twofold increase in consolidated net profit for the March 2024 quarter, underscoring the success of its ongoing business transformation under private equity ownership. Backed by strong product sales, operational efficiencies, and strategic innovation, the company posted a net profit of Rs. 49.48 crore, compared to Rs. 21.38 crore a year earlier. Revenues rose over 10%, while EBITDA margins reached a lifetime high of 13%. For the full fiscal year, net profit surged 72%.

India's Commerce and Industry Minister Piyush Goyal has indicated openness to extending the compliance timeline for a sweeping Quality Control Order (QCO) concerning electrical appliances, following significant concerns raised by domestic manufacturers. The industry has welcomed the quality mandate but seeks a phased implementation due to the challenges of certification, testing infrastructure, and complex global supply chains.

Crompton Greaves Consumer Electricals Ltd (CGCEL) posted a 28.7% year-on-year increase in consolidated net profit for the March quarter of FY25, reaching Rs. 171.74 crore. This performance was driven primarily by robust growth in its consumer durables segment and a strong contribution from its subsidiary Butterfly Gandhimathi. Revenue from operations rose 5.08% year-on-year to Rs. 2,060.64 crore, even as the lighting products division registered a marginal decline. For the full fiscal year, CGCEL reported a 27.7% jump in net profit to Rs. 564.08 crore.

Butterfly Gandhimathi Appliances Ltd has reported a remarkable turnaround for the January–March 2025 quarter, posting a standalone net profit of Rs. 9.03 crore, reversing a net loss of Rs. 19.76 crore in the same quarter last year. For the full financial year ending March 31, 2025, the Chennai-based domestic appliances manufacturer recorded a net profit of Rs. 32.53 crore, significantly higher than Rs. 7.38 crore in the previous year.

PG Electroplast Ltd (PGEL), a leading contract manufacturer in India’s consumer electronics and home appliances sector, delivered a strong performance in the March quarter of FY25, reporting a twofold increase in consolidated net profit to Rs. 146.38 crore. Annual net profit rose to Rs. 290.92 crore, supported by robust expansion across product lines, strategic capacity enhancements, and operational efficiencies. Revenue for FY25 surged 77.73% to Rs. 4,904.63 crore.

Voltas Ltd., the flagship air conditioning and engineering arm of the Tata Group, has posted a stellar financial performance for FY25, marked by a dramatic increase in profitability and sustained revenue growth. Net profit surged to Rs. 834 crore for the year, a more than threefold rise over FY24’s Rs. 248 crore, bolstered by robust demand in the Unitary Cooling Products segment and operational improvements in electro-mechanical projects. The March quarter alone saw net profit more than double year-over-year. With a proposed dividend of Rs.

Blue Star Ltd, a leading Indian cooling products manufacturer, has posted an impressive 21% rise in its consolidated net profit for the March quarter, driven by strong revenue growth. The company's total income surged to Rs. 4,042.95 crore for Q4 FY25, compared to Rs. 3,340.16 crore in the same period last year. In addition, the company reported a significant rise in annual profits, with the full fiscal year showing a robust increase in net profit. The board has recommended a final dividend, reflecting its solid financial health and continued confidence in the company's performance.