Q3-FY26 · Shekhar Bajaj
This was a conscious and prudent action aimed at restoring channel health and ensuring alignment with the evolving demand environment rather than a reflection of any structural weaknesses in the underlying business.
Bajaj Electricals · tone and specificity signals across the available quarters.
Language signals
This was a conscious and prudent action aimed at restoring channel health and ensuring alignment with the evolving demand environment rather than a reflection of any structural weaknesses in the underlying business.
We have embarked on a journey of cultural and structural change in the way we engage with the channel to move to a more balanced approach between demand-led sell through and a volume push.
Top line is only a transfer from our stock to our distributor stock which we don't want. We want a secondary sale and therefore the whole emphasis is on secondary sales.