Bajaj Corp Posts Profit of Rs 54 Crore in Q4


New Delhi: Bajaj Corp on Tuesday reported a marginal decline in standalone net profit at Rs 54.02 crore for the fiscal fourth quarter that ended on March 31.

The FMCG firm had reported a net profit of Rs 54.42 crore in the January-March quarter of fiscal year 2014-15.

Bajaj Corp’s net sales stood at Rs 227.79 crore in the quarter under review, down 3.24 per cent, as against Rs 235.42 crore in the year-ago period, the firm said in a filing to the BSE.

Overall expenses were at Rs 153.98 crore, down 5.59 per cent, as against Rs 163.1 crore in corresponding period last year.

Bajaj Corp’s products include Bajaj Almond Drops, Bajaj Kailash Parbat and Bajaj Brahmi Amla and Nomarks brand.

Shares in Bajaj Corp, on Tuesday, ended 6.29 per cent higher at Rs 405.65 apiece on the BSE, whose benchmark Sensex index finished up 0.49 per cent.