Bajaj Electricals (500031) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 revenue from operations was ₹1,123 crore, up 1.5% YoY; reported PAT rose 2.6x to ₹26 crore and EBIT increased 51% to ₹50 crore.

• Management cited channel consolidation, cost efficiencies and disciplined execution as supports to profitability, while continuing investment in brands and longer-term growth priorities.

Financial highlights

• Consolidated Q2 revenue was ₹112,332 lakh vs ₹110,714 lakh YoY; PBT was ₹3,525 lakh vs ₹1,550 lakh, including a ₹878 lakh exceptional gain in Q2 FY27.

• Consolidated Q2 net profit was ₹2,610 lakh vs ₹986 lakh YoY; total comprehensive income was ₹3,173 lakh vs ₹552 lakh.

• H1 FY27 revenue was ₹221,268 lakh vs ₹217,173 lakh; PBT was ₹10,092 lakh vs ₹1,702 lakh and net profit was ₹7,448 lakh vs ₹1,077 lakh.

Outlook and guidance

• Management emphasized sustaining profitability improvement and building a stronger platform for profitable growth; no numerical revenue or earnings guidance was stated.

• Priorities include disciplined investment in brand building, innovation, premiumization and consumer engagement, alongside structural cost efficiencies.