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Bajaj Holdings reports 4% fall in Q3 consolidated net profit

16 Jan 2015 Evaluate

Bajaj Holdings & Investment has reported results for third quarter ended December 31, 2014.

The company has registered 48.40% fall in its net profit at Rs 33.71 crore for the quarter under review as compared to Rs 65.33 crore for the same quarter in the previous year. Total income of the company has decreased 19.58% at Rs 78.17 crore for Q3FY15 as compared Rs 97.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit after tax declined 4.43% to Rs 471.86 crore for the Q3 FY15 as compared to Rs 493.74 crore in Q3 FY14. Moreover, the total income declined 15.02% to Rs 83.85 crore in the quarter under review as compared to Rs 98.68 crore in the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Finance 1020.60
Shriram Finance 1007.50
Aditya Birla Capital 400.70
Tata Capital 341.75
Chola Invest & Fin. 1763.20
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