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Bajaj Holdings & Investment reports 17% rise in Q1 consolidated net profit

24 Jul 2015 Evaluate

Bajaj Holdings & Investment has reported results for first quarter ended June 30, 2015.

The company has reported a fall of 16.62% in its net profit at Rs 123.08 crore for the quarter ended June 30, 2015 as compared to Rs 147.61 crore for the same quarter in the previous year. The company’s total income has decreased by 3.54% to Rs 163.31 crore for the quarter under review, from Rs 169.3 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 17.38% rise in its net profit after tax at Rs 613.16 crore for the quarter ended June 30, 2015 as compared to Rs 522.36 crore for the same quarter in the previous year. However, total income of the company has decreased by 5.43% at Rs 165.06 crore for quarter under review as compared to Rs 174.54 crore for the quarter ended June 30, 2014.

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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