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

  • Modi’s move to open up media, retail and banking to foreign investors is logical

    Reform, perform and transform’ was the motto with which prime minister Narendra Modi approached governance.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Cut & Thrust: Interesting times

Russia’s ultra nationalist supreme leader, the all powerful Vladimir Putin ...

Ananda Majumdar

More power to migrants

The entry of the Janata Dal (United) or JD(U) into ...

Rajgopal Nidamboor

That divine mosaic of art and science

Our old, inborn fancy to present complex explanations as a ...