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30 per cent from Bajaj Electricals

CHENNAI: Bajaj Electricals has recommended a dividend of 30 per cent for the year ended March 31, 2005 against 10 per cent in the previous year. Revenue from operations was higher at Rs. 650 crore against Rs. 507 crore in the previous year, a growth of 28.2 per cent. The operating profit has spurted to Rs. 22.57 crore from Rs. 5.02 crore. The net profit is higher at Rs. 13.66 crore against Rs. 10.31 crore in the corresponding period last year.

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