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Bajaj Consumer Care Q1 Rises 9%

On Monday, Bajaj Consumer Care, a fast pacing consumer goods firm reported 8.89 per cent increase in its consolidated net profit at Rs 56.7 crore for the quarter ended on June 30, 2019. In a year ago period, it had reported a net profit of Rs 52.07 crore.
In a BSE filing, the company said that the total income in the quarter of Bajaj Consumer Care under the review stood at Rs 246.7 crore, up 9.96 per cent against Rs 224.34 crore in the same period last year.
Bajaj Consumer Care deals in several products in the hair segment such as Bajaj Almond Drops, Bajaj Brahmi Amla and Bajaj Kailash Parbat. Earlier in August 2013, Bajaj Consumer Care acquired Ozone Ayurvedics’ ‘Nomarks’ brand to enter into the skin care segment.
Read EquityPandit’s Nifty FMCG Outlook for the Week
The company’s scrip was trading 0.08 per cent lower at Rs 317.75 apiece in afternoon trade on the BSE.

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