Bajaj Corp Q4 net flat at Rs 54 cr

FMCG firm Bajaj Corp today reported a marginal decline in standalone net profit at Rs 54.02 crore for the fourth quarter ended March 31.
It had reported a net profit of Rs 54.42 crore in the January-March quarter of 2014-15 fiscal.
Bajaj Corp's net sales stood at Rs 227.79 crore in the quarter under review, down 3.24 per cent, as against Rs 235.42 crore in the year-ago period, the firm said in a BSE filing.
Overall expenses were at Rs 153.98 crore, down 5.59 per cent, as against Rs 163.1 crore in corresponding period last year.
Bajaj Corp's products include Bajaj Almond Drops, Bajaj Kailash Parbat and Bajaj Brahmi Amla and Nomarks brand.

Stock of the company closed 6.29 per cent higher at Rs 405.65 on BSE.