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Bajaj Holdings & Investment reports 11% fall in Q4 consolidated net profit

16 May 2014 Evaluate

Bajaj Holdings & Investment has reported results for fourth quarter and year ended March 31, 2014

The company has posted a rise of 30.48% in its net profit at Rs 72.94 crore for the quarter ended March 31, 2014 as compared to Rs 55.90 crore for the same quarter in the previous year. Total income of the company increased by 16.83% at Rs 93.76 crore for quarter under review as compared to Rs 80.25 crore for the quarter ended March 31, 2013.

On consolidated basis, the company has reported 11.09% fall in its net profit at Rs 590.66 crore for the quarter ended March 31, 2014 as compared to Rs 664.37 crore for the same quarter in the previous year. However, total income of the company has increased by 15.52% at Rs 95.37 crore for quarter under review as compared to Rs 82.55 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a jump of 10.55% in its net profit at Rs 733.35 crore as compared to Rs 663.33 crore for the same period in the previous year. Total income of company improved by 12.65% at Rs 839.47 crore for year under review as compared to Rs 745.15 crore for the period ended March 31, 2013.

For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 7.06% in its net profit at Rs 1987.56 crore as compared to Rs 1856.38 crore for the same period in the previous year. Total income of company has increased by 26% at Rs 427.72 crore for year under review as compared to Rs 339.46 crore in the previous fiscal.

 

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