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Bajaj Holdings & Investment reports 18% rise in Q2 consolidated net profit

16 Oct 2013 Evaluate

Bajaj Holdings & Investment has reported results for the second quarter ended September 30, 2013.

The company has reported 0.31% fall in its net profit at Rs 484.12 crore for the quarter as compared to Rs 485.64 crore for the same quarter in the previous year.  However, total income of the company has increased by 0.38% at Rs 508.36 crore for quarter under review as compared to Rs 506.43 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 17.79% growth at Rs 459.98 crore against Rs 390.51 crore in the September quarter of previous fiscal. Group’s total income has risen by 0.46% at Rs 92.26 crore for the quarter from Rs 91.84 crore in the similar quarter of previous year.

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