Bajaj Corp News
Total income during the quarter under review fell by 1.96 per cent to Rs 208.49 crore as against Rs 212.67 crore in the corresponding period last year, the company said in a BSE filing.
FMCG firm Bajaj Corp today reported a 23.94 percent rise in standalone net profit at Rs 58.29 crore for the second quarter ended September 30.
During the quarter, overall expenses were at Rs 153.75 crore compared with Rs 138.47 crore.
FMCG firm Bajaj Corp is seeking shareholders' nod to raise Rs 1,000 crore by issuing equity shares to institutional buyers through QIP.
It had reported net profit of Rs 29.10 crore in the October-December quarter of 2013-14 fiscal, the company said in a BSE filing.
The Reserve Bank has allowed foreign investors to buy up to 49 percent of the paid-up capital of Bajaj Corp Ltd.
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