Bajaj Corp Q3 profit rises 9 per cent to ₹60 cr

PTI Updated - January 09, 2019 at 05:32 PM.

The board of directors recommended an interim dividend of ₹14 per share

Bajaj Corp on Wednesday reported 8.93 per cent increase in standalone net profit at Rs 60.09 crore for the third quarter ended December 31, 2018.

The company had posted a net profit of ₹55.16 crore in the same period of 2017-18.

Total income during the reported quarter went up 11.48 per cent to ₹236.94 crore as against ₹212.53 crore in the year-ago period, Bajaj Corp said in a Bombay Stock Exchange (BSE) filing.

The company, which sells cosmetics, toiletries and other personal care products, said its board of directors has recommended an interim dividend of ₹14 per share of face value of ₹1 each.

Shares of Bajaj Corp settled 2.32 per cent lower at ₹375.10 apiece on BSE.

Published on January 9, 2019 11:53