Shekhar Bajaj;Aim to clock revenue of Rs 5000 cr in FY17
Shekhar Bajaj;Aim to clock revenue of Rs 5000 cr in FY17
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Today;the Shekhar Bajaj(CMD of the company) said that,“Bajaj Electricals is targeting to achieve revenue of Rs 5,000 crore in FY17”

Whereas Bajaj be expecting Q2 to be flat in terms of top-line,on the other hand, he is expecting it will scale up in Q3.

Bajaj further added,“The Company’s top line was muted in the first quarter due to change in selling arrangement. The selling model was switched to redistribution from wholesale model”

The company has compound four consumer facing business—lighting, domestic, kitchen appliances and fans— into consumer product business from April this year.

 

 

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