Bajaj Corp. Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 11, 2018 at 04:39 am EST
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Bajaj Corp. Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported net sales/income from operations of INR 1,973.236 million against INR 1,863.964 million a year ago. Profit from ordinary activities before tax was INR 101.471 million against INR 734.758 million a year ago. Net profit for the period was INR 551.626 million or INR 3.74 per basic and diluted share before and after extraordinary items against INR 577.960 million or INR 3.39 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, the company reported net sales/income from operations of INR 5,974.031 million against INR 5,862.792 million a year ago. Profit from ordinary activities before tax was INR 2,045.173 million against INR 2,140.031 million a year ago. Net profit for the period was INR 1,608.560 million or INR 10.91 per basic and diluted share before and after extraordinary items against INR 1,682.911 million or INR 11.41 per basic and diluted share before and after extraordinary items for the same period a year ago.
Bajaj Consumer Care Limited is an India-based fast moving consumer goods company. The Company is engaged in the manufacturing and marketing of cosmetics, toiletries and other personal care products. The Company a has presence in both domestic and international markets. It has a presence across various segments of personal care, including hair care and skin care. Its range of products include Bajaj Almond Drops, Bajaj 100% Pure Coconut Oil, Bajaj Coco Onion Non-Sticky Hair Oil, Bajaj Amla Aloevera Hair Oil, Bajaj Brahmi Amla Ayurvedic Hair Oil, New Bajaj Sarson Amla Hair Oil, Natyv Soul, Bajaj 100% Pure and Bajaj Nomarks Ayurveda. Its Natyv Soul products include Natyv Soul Pure Argan Oil from Morocco, Natyv Soul Argan Oil Shampoo and Natyv Soul Argan Oil Conditioner. The Company's distribution outlets are classified as two parts: general trade, which includes general retail stores and local corner shops, and organized trade, which includes large retail outlets as well as e-commerce.