Bajaj Electricals recorded a consolidated net loss of Rs 67.5 crore in the fourth quarter of the fiscal year 2026, contrasting with a net profit of Rs 59.1 crore in the same period last year. The company’s revenue from operations decreased by 2.1% year-on-year to Rs 1,239.5 crore during the March quarter.
The operating performance also weakened, with EBITDA dropping by 28.9% to Rs 75.2 crore from Rs 105.8 crore a year ago. Consequently, the EBITDA margin shrank to 6.1% in Q4 FY26 compared to 8.4% in the previous year’s quarter.
Despite the challenging quarterly results, the board of directors proposed a final dividend of Rs 3 per equity share for FY26, maintaining a 150% payout, subject to shareholder approval at the 87th annual general meeting. Additionally, the board approved a proposal to raise or borrow up to Rs 500 crore through the issuance of securities.
The company also appointed Ashween Anand as the new chief financial officer effective May 16, 2026. Prior to the earnings disclosure, Bajaj Electricals’ shares closed 0.42% higher at Rs 391.30 on the National Stock Exchange of India.
