Apr 20, 2021
Bajaj Consumer Q4 net profit jumps to Rs 55 crore
Apr 20, 2021
FMCG firm Bajaj Consumer Care Ltd witnessed a steep rise in its consolidated net profit at Rs 55 crore ($7.4 million) for the fourth quarter ended March 31, as against Rs 23 crore it reported in the corresponding period last year.
The company’s sales revenue grew to Rs 245 crore for the quarter, as against Rs 172 crore in the year-ago period.
Bajaj Consumer Care’s total expenses for the quarter rose by 19 percent to Rs 189 crore, as against Rs 159 crore it reported last year.
For the financial year 2020-21, Bajaj Consumer witnessed 21 percent rise in net profit at Rs 223 crore, as against Rs 184 crore a year ago, while its revenue for the fiscal year grew by 10 percent to Rs 905 crore.
Bajaj Consumer Care is part of the Bajaj Group and is one of the leading players in the hair oil and skincare categories in India.
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