Bajaj Consumer Care Limited, which is also known as Bajaj Corp and exists in the area of consumer goods, reported their financial result for the quarter ended in December 2018 with a net profit of Rs. 60 crores. Bajaj Consumer care during the corresponding quarter of previous fiscal had reported a net profit of Rs. 55 crores.
The company, who witnessed a 9% hike in the net profit, reported a standalone total revenue of Rs. 236 crores, as against Rs. 212 crores posting an 11% surge. The company also reported an operating profit or EBITDA at Rs. Rs 71.5 crores, surging by 5.4% during the quarter under discussion.
Bajaj Corp in its statement said that the board after the conclusion of the meeting held today (i.e. 09/01/2019) “recommended an Interim Dividend at the rate of 1400% i.e. Rs. 14 per share of Re. 1 /- each of the company and that the same shall be paid to the equity shareholders of the company.”
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