Q3 profit fell 65% on pressures in engineering business: Bajaj Electricals
Anant Purandare, CFO at Bajaj Electricals, spoke to NDTV Profit on the company's third quarter results and explained that a 64 per cent drop in profit was because of pressures faced by the engineering and projects segment that has been a problem area for the last few quarters. The company’s lighting business grew 11 per cent in the same quarter.
