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Bajaj Corp standalone net profit declines 2.93% in the March 2017 quarter

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Capital Market

Sales decline 1.94% to Rs 204.21 crore

Net profit of Bajaj Corp declined 2.93% to Rs 52.67 crore in the quarter ended March 2017 as against Rs 54.26 crore during the previous quarter ended March 2016. Sales declined 1.94% to Rs 204.21 crore in the quarter ended March 2017 as against Rs 208.26 crore during the previous quarter ended March 2016.

For the full year,net profit rose 11.60% to Rs 220.96 crore in the year ended March 2017 as against Rs 197.99 crore during the previous year ended March 2016. Sales declined 0.40% to Rs 790.49 crore in the year ended March 2017 as against Rs 793.67 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales204.21208.26 -2 790.49793.67 0 OPM %32.4336.28 -33.6034.58 - PBDT68.2881.96 -17 304.02303.00 0 PBT66.8880.73 -17 299.26298.68 0 NP52.6754.26 -3 220.96197.99 12

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First Published: Apr 13 2017 | 5:50 PM IST

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