Bajaj Consumer Care net profit drops 34.5% to Rs 35.82 crore in fourth quarter

Bajaj Consumer Care net profit drops 34.5% to Rs 35.82 crore in fourth quarter

Total expenses of Bajaj Consumer Care, which operates mainly in the beauty care category, were at Rs 184.98 crore, down 2.21 per cent in the second quarter of FY 2022. It stood at Rs 189.17 crore in the year-ago period.

FMCG firm Bajaj Consumer Care Ltd on Friday detailed 34.47 percent decrease in its united net profit to Rs 35.82 crore for the final quarter ended March 2022. The organization had detailed a net profit of Rs 54.67 crore in the January-March quarter a year prior, Bajaj Consumer Care, a part of the Bajaj Group of Companies, said in a regulatory filing. Its income from the sale of goods was at Rs 214.95 crore, down 12.21 percent, during the period under audit. It was at Rs 244.86 crore in the comparing quarter of the past fiscal.

For the fiscal ended March 2022, Bajaj Consumer Care’s consolidated net profit was 23.97 per cent down at Rs 169.63 crore. It had reported a net profit of Rs 223.13 crore in 2020-21.

Its revenue from operation was at Rs 867.09 crore in 2021-22 as compared to Rs 905.15 crore in the year-ago period.

On Friday, shares of Bajaj Consumer Care Ltd dropped 1.04 per cent to settled at Rs 161.70 apiece on the BSE.

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