Revenue from operations declined 2.1% year-on-year to ₹1,239.5 crore from ₹1,265.5 crore, while EBITDA fell 28.9% to ₹75.2 crore from ₹105.8 crore.
The EBITDA margin narrowed to 6.1% in Q4FY26 from 8.4% last year.
The company reported an exceptional loss of ₹55.58 crore during the quarter, against an exceptional gain of ₹21.37 crore in Q4FY25, impacting the bottomline.
The board recommended a final dividend of ₹3 per equity share of face value ₹2 each, translating to a 150% payout for FY26, unchanged from the previous year. The dividend, subject to shareholder approval at the company’s 87th annual general meeting, will be paid on or after August 6, 2026.
Separately, the board approved a proposal to seek shareholders’ enabling approval to raise or borrow up to ₹500 crore through issuance of securities, including unsecured non-convertible debentures and commercial papers, in one or more tranches depending on market conditions.
The company has appointed Ashween Anand as the chief financial officer of the company with effect from May 16, 2026.
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Ahead of the announcement of the results, shares of Bajaj Electricals closed 0.42% higher at ₹391.30 on the NSE on Friday.
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(Edited by : Shoma Bhattacharjee)
