Bajaj Corp, the FMCG company with major brands in hair care category, pleased the street with fourth quarter (January-March) net profit rising 44.7 percent year-on-year to Rs 49.2 crore.
Net sales grew by 25.3 percent to Rs 183.7 crore from Rs 146.6 crore Y-o-Y.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased nearly 53 percent Y-o-Y to Rs 60 crore in March quarter.
At 14:27 hours IST, the stock was quoting at Rs 254, up 2.28 percent amid hefty volumes on Bombay Stock Exchange.
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