Bajaj Holdings and Investments Ltd (BHIL) today reported a consolidated net profit of Rs 567.9 crore for the quarter ended September 30, 2015.
The company had posted a net profit of Rs 510.4 crore in the year-ago period, it said in a BSE filing.
Consolidated net sales, however, were down at Rs 110 crore for the July-September quarter this fiscal as compared to Rs 184.61 crore in the same quarter in 2014-15, it added.
BHIL is essentially an investment company. The firm held stakes of 31.49 per cent in Bajaj Auto Ltd (BAL), 39.29 per cent in Bajaj Finserv Ltd (BFS) and 24 per cent in Maharashtra Scooters Ltd (MSL) as of September 2015.
Shares of the company today rose 1.57 per cent to settle at Rs 1,629.05 apiece on the BSE.
