Bajaj Holdings & Investment standalone net profit declines 76.61% in the March 2017 quarter

Sales decline 69.38% to Rs 178.82 crore

Net profit of Bajaj Holdings & Investment declined 76.61% to Rs 130.04 crore in the quarter ended March 2017 as against Rs 555.93 crore during the previous quarter ended March 2016. Sales declined 69.38% to Rs 178.82 crore in the quarter ended March 2017 as against Rs 583.96 crore during the previous quarter ended March 2016.

For the full year,net profit declined 57.64% to Rs 538.18 crore in the year ended March 2017 as against Rs 1270.51 crore during the previous year ended March 2016. Sales declined 36.86% to Rs 880.49 crore in the year ended March 2017 as against Rs 1394.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales178.82583.96 -69 880.491394.51 -37 OPM %89.8398.26 -76.0797.32 - PBDT161.69576.92 -72 677.751363.86 -50 PBT160.36575.58 -72 672.491358.56 -50 NP130.04555.93 -77 538.181270.51 -58

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