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Bajaj Holdings & Investment reports marginal rise in Q1 consolidated net profit

23 Jul 2020 Evaluate

Bajaj Holdings & Investment has reported results for first quarter ended June 30, 2020.

The company has reported 88.84% rise in its net profit of Rs 43.13 crore for the quarter under review as against Rs 22.84 crore for the same quarter in the previous year. Total income of the company increased 19.52% at Rs 99.54 crore for Q1FY21 as compared Rs 83.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 1.47% rise in its net profit attributable to owners at Rs 679.13 crore for the quarter under review as against Rs 669.28 crore for the same quarter in the previous year. Total income of the company increased by 18.21% at Rs 105.36 crore for Q1FY21 as compared Rs 89.13 crore for the corresponding quarter previous year.

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