Bajaj Corp posts 7.8 per cent sequential decline in PAT in Q2FY18
Nidhi Jani / 12 Oct 2017
The company reported PAT of Rs. 50.7 crore, which represents a sequential QoQ decline of 7.8 per cent and a YoY decline of 13 per cent.
Bajaj Corp reported its results for the quarter ended September 30, 2017 on Thursday.
The company's total sales for Q2FY18 came in at Rs 204.13 crore, which represents a 3.4 per cent sequential increase and 3.7 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 56.8 crore and its EBIT margin stood at 27.8 per cent.
The company reported PAT of Rs. 50.7 crore, which represents a sequential QoQ decline of 7.8 per cent and a YoY decline of 13 per cent.
Bajaj Corp Ltd. is one of the leading players in hair oil category with brands like Bajaj Almond Drops, Bajaj Brahmi Amla, Bajaj Amla and Bajaj Jasmine.
The stock today opened at Rs 412.90 and touched an intra-day high and low of Rs 419 and Rs. 406.30, respectively, on the BSE.
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