Bajaj Consumer Care slips 8% as net profit for March quarter falls 61% YoY

The stock had hit a 52-week high of Rs 345 on June 26, 2019, and its 52-week low stands at Rs 117.50, touched on March 25, 2020.

Shares of Bajaj Consumer Care slipped as much as 8 per cent to Rs 140 apiece on the BSE on Friday after the company reported a 61 per cent decline in its consolidated net profit at Rs 23.29 crore for the fourth quarter ended March 2020. The company had posted a profit of Rs 59.82 crore during the January-March quarter of the previous fiscal. 

At 09:44 am, the stock was trading over 5 per cent lower at Rs 144.20. In comparison, the benchmark S&P BSE Sensex was trading flat at 34,175.53, down 32.5 points or 0.10 per cent.

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