Bajaj Consumer zooms 33% in 2 days post Q3 results, dividend announcement

The company's board has recommended an interim dividend at the rate of 600 per cent i.e. Rs 6 per share of Re 1 each of the company

Shares of Bajaj Consumer Care, on Thursday, shot up 11 per cent to hit a 52-week high of Rs 284 in intra-day trade on the BSE, thus zooming 33 per cent in the last two trading sessions after the company reported 17 per cent year on year (YoY) growth in consolidated net profit at Rs 57.30 crore in the December quarter (Q3FY21), on healthy revenue. The personal products company posted 17 per cent YoY jump in sales at Rs 248.39 crore.

Ebitda (earnings before interest, taxes, depreciation, and amortisation) margins improved to 25.9 per cent in Q3FY21 from 24.9