Bajaj Corp Q1 net down 15.74% at Rs 39.61 crore

Tags: News
FMCG firm Bajaj Corp has reported 15.74 per cent decline in standalone net profit at Rs 39.61 crore for the first quarter ended June 30, 2014.

It had reported a net profit of Rs 47.01 crore in the April-June quarter of 2013-14 fiscal, the company said in a BSE filing.

Baja Corp's net sales stood at Rs 191.06 crore, up 12.36 per cent as against Rs 170.04 crore in the corresponding period a year ago.

During the quarter overall expenses were at Rs 138.47 crore compared with Rs 122.77 crore.

Bajaj Corp has several products in the hair care segment such as Bajaj Almond Drops, Bajaj Kailash Parbat and Bajaj Brahmi Amla.

The company's scrip closed at Rs 228.90 apiece, down 1.93 per cent from its previous close on BSE.

EDITORIAL OF THE DAY

  • The government needs to explain the `67,382 crore IDS declarations

    The authenticity of disclosures made by individuals and companies under the much-publicised Income Disclosure Scheme (IDS) has come under scrutiny.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

<b>Disequilibrium:</b> The Looking glass war

In the looking glass war, where bitter adversaries - Ratan ...

Ananda Majumdar

<b>Ruminations:</b> How JP can wake up Cong

The Congress party has clearly missed a trick with its ...

Kuruvilla Pandikattu

Let go of ‘if onlys’, live in the moment

The prospect of facing certain death and reflecting on it ...