-11.30 (-2.43%) FMCG firm, Bajaj Corp has reported 48.87% jump in its net profit for the quarter ended December 31, 2011, at Rs 28.88 crore. The company had posted a net profit of Rs 19.40 crore in the corresponding period last financial year.
The total income during the third quarter of this fiscal increased by 30.57% to Rs 112.50 crore from Rs 86.16 crore in the year-ago period.
Further, the company’s board of directors has recommended an interim dividend for 2011-12 at 400%, which is Rs 4 per equity share on a face value of Re 1 each.