05-09-2022 12:03 PM | Source: Accord Fintech
Bajaj Consumer Care slips on reporting 34% fall in Q4 consolidated net profit
News By Tags | #6337 #788 #1302 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Bajaj Consumer Care is currently trading at Rs. 151.80, down by 9.90 points or 6.12% from its previous closing of Rs. 161.70 on the BSE.

The scrip opened at Rs. 154.30 and has touched a high and low of Rs. 158.80 and Rs. 151.60 respectively. So far 65646 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 307.85 on 07-Jun-2021 and a 52 week low of Rs. 149.00 on 30-Mar-2022.

Last one week high and low of the scrip stood at Rs. 173.75 and Rs. 160.55 respectively. The current market cap of the company is Rs. 2260.32 crore.

The promoters holding in the company stood at 38.04%, while Institutions and Non-Institutions held 30.17% and 31.79% respectively.

Bajaj Consumer Care has reported a fall of 28.81% in its net profit at Rs 38.37 crore for fourth quarter ended March 31, 2022, as compared to Rs 53.90 crore for the same quarter in the previous year. Total income of the company decreased by 8.88% at Rs 229.92 crore for Q4FY22 as compared Rs 252.32 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 34.49% in its net profit at Rs 35.82 crore for the quarter under review as compared to Rs 54.68 crore for the same quarter in the previous year. Total income of the company decreased by 10.32% at Rs 228.90 crore for Q4FY22 as compared Rs 255.24 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a fall of 21.93% in its net profit at Rs 174.54 crore as compared to Rs 223.57 crore for the previous year. Total income of the company decreased by 3.39% at Rs 916.94 crore for year under review as compared to Rs 949.15 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 23.97% in its net profit at Rs 169.64 crore as compared to Rs 223.13 crore for the previous year. Total income of the company decreased by 3.95% at Rs 918.60 crore for year under review as compared to Rs 956.36 crore for year ended March 31, 2021.