💨 Abstract

India's Bajaj Electricals reported a 59% drop in Q2 profit due to reduced demand for cooling products during the monsoon season. The company's net profit fell to 129 million rupees ($1.53 million) from 316.8 million rupees a year ago, while total revenue grew 0.5% to 11.15 billion rupees.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖