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Bajaj Consumer
Bajaj Finance Ltd (BFL), part of Bajaj Finserv Ltd, has reported a growth of 21 per cent in its Fixed Deposit (FD) book to Rs 66,131 crore as on September 30, 2024, a senior company official has said. The company's total customer franchise stood at 92.09 million as of September 30, 2024 and net users on its App platform stood at 61.67 million. "The Bajaj Group's century-old legacy of trust resonates across generations of Indian families. Bajaj Finserv is founded on the business philosophy of the Bajaj Group, which has encouraged people across demographics to choose its FDs," Sachin Sikka, Executive Vice President Deposits, Investments, Rewards and EMI Cards, Bajaj Finance, said. Senior citizens can avail FD rates of up to 8.85 per cent and non-senior citizens can take benefit of rates of up to 8.65 per cent, by booking digitally in the 42 months tenure, Sikka said. Bajaj Finance has seen deposits growing in Punjab and Haryana, where senior citizens constitute nearly two-thirds of i
FMCG firm Bajaj Consumer Care Ltd on Thursday reported a 17.75 per cent increase in consolidated net profit to Rs 37.27 crore for the September quarter. The company reported a net profit of Rs 31.65 crore in the year-ago period, according to a regulatory filing from Bajaj Consumer Care, a part of the Bajaj Group of Companies. Its revenue from the sale of goods was Rs 231.69 crore, marginally up during the second quarter of the ongoing fiscal compared to Rs 229.70 crore a year ago. It had a "volume growth of 4 per cent in Q2 FY24 and 7 per cent in H1 FY24 YoY," said an earning presentation by the company. Total expenses of Bajaj Consumer Care, which operates mainly in the beauty care category, were at Rs 200.86 crore, down 1.51 per cent in the September quarter. Bajaj Consumer Care's total revenue from operations was Rs 234.84 crore, up 1.02 per cent. Shares of Bajaj Consumer Care Ltd on Thursday settled at Rs 219.90, down 7.78 per cent from the previous close.
FMCG firm Bajaj Consumer Care Ltd on Wednesday reported a 13 per cent rise in its consolidated net profit at Rs 40.46 crore for the fourth quarter ended March 2023. It had posted a consolidated net profit of Rs 35.82 crore in the year-ago period, according to a regulatory filing by Bajaj Consumer Care Ltd (BCCL) BCCL owns hair oil brands such as Almond Drops and Brahmi Amla. The company's revenue from operations rose 14.53 per cent to Rs 246.19 crore during the period under review as against Rs 214.95 crore in the year-ago period. Its total expenses were at Rs 210.32 crore, up 13.69 per cent, in Q4FY23 as against Rs 184.98 crore. BCCL's total income rose 13.37 per cent to Rs 259.52 crore in the March quarter. For the financial year ended March 2023, BCCL's net profit was down 17.93 per cent to Rs 139.21 crore. It was at Rs 169.63 crore in FY22. However, its revenue from operation in FY23 increased 9.45 per cent to Rs 949.05 crore over Rs 867.09 crore a year ago. Shares of Bajaj
FMCG firm Bajaj Consumer Care Ltd on Monday reported a decline of 30.69 per cent in its consolidated net profit at Rs 33.89 crore for the first quarter ended June 30, 2022. The company had reported a net profit of Rs 48.90 crore in the April-June quarter a year ago, said Bajaj Consumer Care, a part of the Bajaj Group of Companies, operating in the beauty care category. Its total revenue from operations rose 15.10 per cent to Rs 249.44 crore during the period under review, as against Rs 216.71 crore in the corresponding quarter a year ago, said a regulatory filing by Bajaj Consumer Care. Total expenses of Bajaj Consumer Care, which owns brands as Almond Drops Hair Oil and Nomark, were at Rs 215.22 crore, up 29.81 per cent in Q1/FY 2022-23. Shares of Bajaj Consumer Care Ltd on Monday were trading at Rs 167.25 on BSE, up 2.83 per cent from the previous close.