Bajaj Holdings & Investment Ltd reported an 11.12 percent drop in consolidated netprofit at Rs 524.98 crore for the quarter ended March 31, 2015. The group had a net profit of Rs 590.66 crore in January- March quarter of 2013-14 fiscal.
Consolidated total income has decreased to Rs 84.77 crore in the March quarter of 2014-15 fiscal, from Rs 95.34 crore in the quarter ended March 31, 2014, the company said in a filing to the BSE.
For full 2014-15 fiscal, the group posted a net profit of Rs 2,029.24 crore, up 2.09 percent over last fiscal. The company had a net profit of Rs 1,987.56 crore in the year agoperiod.
On a standalone basis, Bajaj Holdings & Investment Ltd reported a 42.7 percent drop in net profit at Rs 41.76 crore for the quarter ended March 31, 2015. The company had a standalone net profit of Rs 72.94 crore in the January-March quarter of 2013-14 fiscal.
For the full fiscal 2014-15, Bajaj Holdings & Investment reported a standalone net profit of Rs 867.73 crore for the year ended March 31, up 18.3 percent over previous year. It had a net profit of Rs 733.35 crore in the 2013-14 fiscal.
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