Bajaj Holdings & Investment consolidated net profit declines 54.34% in the March 2020 quarter

Sales rise 33.05% to Rs 110.46 crore

Net profit of Bajaj Holdings & Investment declined 54.34% to Rs 361.41 crore in the quarter ended March 2020 as against Rs 791.44 crore during the previous quarter ended March 2019. Sales rose 33.05% to Rs 110.46 crore in the quarter ended March 2020 as against Rs 83.02 crore during the previous quarter ended March 2019.

For the full year,net profit declined 1.85% to Rs 2992.00 crore in the year ended March 2020 as against Rs 3048.38 crore during the previous year ended March 2019. Sales declined 7.81% to Rs 393.38 crore in the year ended March 2020 as against Rs 426.70 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales110.4683.02 33 393.38426.70 -8 OPM %63.6755.53 -65.9580.18 - PBDT591.64814.20 -27 3347.003174.12 5 PBT583.09813.32 -28 3313.673170.02 5 NP361.41791.44 -54 2992.003048.38 -2

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