Companies

Bajaj Consumer Care Q3 net profit down 18 per cent

PTI New Delhi | Updated on February 10, 2020

FMCG firm Bajaj Consumer Care Ltd on Monday reported a 17.83 per cent decline in consolidated net profit at ₹48.74 crore for the third quarter ended December 2019.

The company had posted a net profit of ₹59.32 crore in the October-December quarter a year ago.

The company’s net sales during the quarter fell 8.20 per cent to ₹206.56 crore as against ₹225.03 crore in the corresponding quarter a year ago.

Bajaj Consumer Care’s total expenses during the quarter declined 1.24 per cent to ₹162.28 crore as compared with ₹164.32 crore in the year-ago quarter.

Shares of Bajaj Consumer Care Ltd on Monday closed 0.41 per cent higher at ₹221.40 on the BSE.

Published on February 10, 2020

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