FMCG firm Bajaj Consumer Care Ltd on Monday reported a 33 per cent rise in consolidated net profit to Rs 42.3 crore in the second quarter ended September 30, helped by higher sales. The company had posted a consolidated net profit of Rs 31.85 crore in the corresponding period of the last fiscal, Bajaj Consumer Care Ltd said in a regulatory filing. Its consolidated total revenue from operations in the second quarter stood at Rs 265.27 crore compared to Rs 233.98 crore in the year-ago period, it added. The company's revenue from sales of goods was higher at Rs 261.41 crore against Rs 230.63 crore a year ago, the company said. Its expenses in the second quarter stood at Rs 221.7 crore as compared to Rs 204 crore in the year-ago period, the company said.
Nuvama maintained a 'Buy' rating, underpinned by expectations of a revival in consumption and strategic focus on core categories.
Here's why FMCG stocks are in demand today: In the April-June quarter (Q1FY26), FMCG sector witnessed a sequential recovery in demand with an uptick in volume growth particularly in urban markets.