Bajaj Holdings reports 10% rise in Q3 consolidated net profit

Bajaj Holdings & Investment has reported results for third quarter ended December 31, 2015. 

The company has reported 34.29% rise in its net profit at Rs 45.27 crore as compared to Rs 33.71 crore for the same quarter in the previous year. However, the company’s total income has decreased by 4.96% to Rs 74.29 crore for the quarter under review from Rs 78.17 crore for the corresponding quarter of the previous year.   

On the consolidated basis, the company has reported 10.31% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 520.51 crore as compared to Rs 471.86 crore for the same quarter in the previous year. However, total income of the company has decreased by 9.64% at Rs 75.76 crore for quarter under review as compared to Rs 83.85 crore for the quarter ended December 31, 2014.