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Bajaj Consumer Care reports 30.7% dip in Q1 net profit to Rs 33.9 cr

FMCG firm Bajaj Consumer Care Ltd on Monday reported a decline of 30.69 per cent in its consolidated net profit at Rs 33.89 crore for the first quarter ended June 30, 2022.

Bajaj Finance

Press Trust of India New Delhi

FMCG firm Bajaj Consumer Care Ltd on Monday reported a decline of 30.69 per cent in its consolidated net profit at Rs 33.89 crore for the first quarter ended June 30, 2022.

The company had reported a net profit of Rs 48.90 crore in the April-June quarter a year ago, said Bajaj Consumer Care, a part of the Bajaj Group of Companies, operating in the beauty care category.

Its total revenue from operations rose 15.10 per cent to Rs 249.44 crore during the period under review, as against Rs 216.71 crore in the corresponding quarter a year ago, said a regulatory filing by Bajaj Consumer Care.

 

Total expenses of Bajaj Consumer Care, which owns brands as Almond Drops Hair Oil and Nomark, were at Rs 215.22 crore, up 29.81 per cent in Q1/FY 2022-23.

Shares of Bajaj Consumer Care Ltd on Monday were trading at Rs 167.25 on BSE, up 2.83 per cent from the previous close.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 01 2022 | 4:12 PM IST

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