Bajaj Holdings & Investment Limited
PRESS RELEASEFINANCIAL RESULTS - Q1 FY12A meeting of the Board of Directors of Bajaj Holdings & Investment Limited (BHIL) was held today to consider and approve the results for Q1 FY12.
1. CONSOLIDATED RESULTS
BHIL is essentially a holding & investment company. The consolidated financial results of BHIL include results of companies as tabulated below:
Name of the company | % shareholding and voting power of BHIL | Consolidated as |
a. Bajaj Auto Limited (BAL)* | 31.49% | Associate |
b. Bajaj Finserv Limited (BFS)* | 38.69% | Associate |
c. Bajaj Auto Holdings Limited | 100% | Subsidiary |
d. Maharashtra Scooters Limited | 24% | Joint venture |
*Consolidated results
Bajaj Finserv’s consolidated results include results of Bajaj Allianz General Insurance Company Limited, Bajaj Allianz Life Insurance Company Limited and Bajaj Finance Limited.
Each of the underlying group companies performed very well during current quarter.