Bajaj Holdings & Investment reports 6% jump in Q1 consolidated net profit

Bajaj Holdings & Investment has reported results for first quarter ended June 30, 2012.

On the standalone basis, the company has posted a fall of 11.15% in its net profit at Rs 52.26 crore for the quarter ended June 30, 2012 as compared to Rs 58.82 crore for the same quarter in the previous year. Total income has decreased by 8.22% at Rs 70.85 crore for quarter under review as compared to Rs 77.20 crore for the quarter ended June 30, 2011.

On the consolidated basis, the company has posted a rises of 5.89% in its net profit at Rs 349.12 crore for the quarter ended June 30, 2012 as compared to Rs 329.70 crore for the same quarter in the previous year.  However, total income has decreased by 7.83% at Rs 72.37 crore for quarter under review as compared to Rs 78.52 crore for the quarter ended June 30, 2011.