Q4FY17 Results : Bajaj Corp
DSIJ Intelligence / 13 Apr 2017
The company reported PAT of Rs. 52.66 crore, which represents a sequential QoQ decline of 8.88 per cent and a YoY decline of 2.93 per cent.
Bajaj Corp Ltd. reported its results for the quarter ended December 31, 2016 today.
The company's standalone sales for Q3FY17 were Rs. 204.54 crore, which represents a 9.44 per cent sequential increase and 2.03 per cent YoY decline.
Its operating profit (EBITDA) for the quarter amounted to Rs. 64.83 crore and its EBITDA margin came in at 31.7 per cent.
The company reported PAT of Rs. 52.66 crore, which represents a sequential QoQ decline of 8.88 per cent and a YoY decline of 2.93 per cent.
During the quarter, the company commenced production in Assam plant. This will provide excise benefit to the company for the next 10 years .
The company's stock is trading at Rs 428 on the BSE.
Bajaj Corp Ltd is an Indian FMCG company and the flagship company of Shishr Bajaj group. The company operates in only cosmetics and toiletries business segment. The company's product portfolio includes Bajaj Almond Drops hair oil, Bajaj Brahmi Amla hair oil, among others.
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