Bajaj Consumer Care zooms on reporting 13% rise in Q4 consolidated net profit
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Bajaj Consumer Care is currently trading at Rs. 172.30, up by 7.75 points or 4.71% from its previous closing of Rs. 164.55 on the BSE.
The scrip opened at Rs. 169.90 and has touched a high and low of Rs. 181.75 and Rs. 169.90 respectively. So far 171472 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 184.65 on 06-Dec-2022 and a 52 week low of Rs. 129.25 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 181.75 and Rs. 156.05 respectively. The current market cap of the company is Rs. 2467.43 crore.
The promoters holding in the company stood at 39.16%, while Institutions and Non-Institutions held 31.17% and 29.67% respectively.
Bajaj Consumer Care has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 6.80% rise in its net profit at Rs 40.98 crore for the quarter under review as compared to Rs 38.37 crore for the same quarter in the previous year. Total income of the company increased by 10.74% at Rs 254.62 crore for Q4FY23 as compared to Rs 229.92 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported rise of 12.95% in its net profit at Rs 40.46 crore for fourth quarter ended March 31, 2023 as compared to Rs 35.82 crore for the same quarter in the previous year. Total income of the company increased by 13.38% at Rs 259.52 crore for Q4FY23 as compared to Rs 228.90 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 19.89% fall in its net profit at Rs 139.82 crore as compared to Rs 174.54 crore for the previous year. However, total income of the company increased by 7.64% at Rs 987.02 crore for year under review as compared to Rs 916.94 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 17.93% fall in its net profit at Rs 139.22 crore as compared to Rs 169.64 crore for the previous year. However, total income of the company increased by 8.64% at Rs 997.94 crore for year under review as compared to Rs 918.60 crore for year ended March 31, 2022.
