Bajaj Holdings & Investment has reported results for first quarter ended June 30, 2016.
The company has reported 30.35% fall in its net profit at Rs 85.73crore for the quarter ended June 30, 2016 as compared to Rs 123.08crore for the same quarter in the previous year. The company’s total income decreased by 27.29% to Rs 118.75crore for the quarter under review from Rs 163.31crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 7.72% fall in its net profit after taxes and share of profit of associates at Rs 565.84crore for the quarter ended June 30, 2016 as compared to Rs 613.16crore for the same quarter in the previous year. Total Income of the company decreased by 27.35% to Rs 119.92crore for the quarter under review from Rs 165.06crore for the same quarter ended June 30, 2015
