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HomeNewsBusinessEarningsBajaj Corp Q1 net rises 5.32% to Rs 54.97 crore

Bajaj Corp Q1 net rises 5.32% to Rs 54.97 crore

Total income during the quarter under review fell by 1.96 per cent to Rs 208.49 crore as against Rs 212.67 crore in the corresponding period last year, the company said in a BSE filing.

July 12, 2017 / 15:42 IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

 
 
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FMCG firm Bajaj Corp today reported a 5.32 per cent increase in standalone net profit at Rs 54.97 crore for the first quarter ended June 30.

The company had reported a net profit of Rs 52.19 crore in the same quarter a year ago.

Total income during the quarter under review fell by 1.96 per cent to Rs 208.49 crore as against Rs 212.67 crore in the corresponding period last year, the company said in a BSE filing.

Bajaj Corp has several products in hair care segment such as Bajaj Almond Drops, Bajaj Kailash Parbat and Bajaj Brahmi Amla. The company also acquired Nomarks brands in 2013.

Shares of the company were trading 2.79 per cent higher at Rs 407.15 on BSE.

first published: Jul 12, 2017 03:31 pm

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