Bajaj Holdings & Investment has reported results for the quarter ended June 30, 2011
The Company’s net profit for the quarter ended June 30, 2011 dropped by 54.90% at Rs 58.82 crore as compared to Rs 130.44 crore for the quarter ended June 30, 2010. Its total Income has decreased by 46.41% to Rs 77.73 crore for the quarter under review from Rs 145.05 crore for the similar quarter of the previous year.
On consolidated basis, the Group‘s net profit has declined by 2.03% at Rs 329.70 crore for the quarter ended June 30, 2011 as compared to Rs 336.54 crore for the quarter ended June 30, 2010. Total Income has decreased by 46.05% to Rs 79.05 crore for the quarter from Rs 146.54 crore for the similar quarter last year.
