Bajaj Holdings Q2 net up 17.78% at Rs 459.98 cr

Oct 16, 2013, 05.52 PM IST

Bajaj Holdings & Investments Ltd today reported 17.78 per cent increase in consolidated net profit at Rs 459.98 crore for the second quarter ended September 30, riding on the shares of the profit on investment in Bajaj group firms.

Like this story, share it with millions of investors on M3

Like this story, share it with millions of investors on M3

Bajaj Holdings Q2 net up 17.78% at Rs 459.98 cr

Share . Email . Print . A+A-

Bajaj Holdings & Investments Ltd today reported 17.78 percent increase in consolidated net profit at Rs 459.98 crore for the second quarter ended September 30, riding on the shares of the profit on investment in Bajaj group firms.

The investment firm had posted a consolidated net profit of Rs 390.51 crore in the same period a year earlier, Bajaj Holdings said in a filing to the BSE.

Also read: Deutsche cuts Bajaj Auto to 'hold' on valuations

Bajaj Holdings said its consolidated profit on investment in associate companies during the quarter under review stood at Rs 392.69 crore as against Rs 320.49 crore in the same quarter last fiscal, up 22.52 percent.

However, firm's net sales and income from operation decreased 2.83 percent to Rs 88.40 crore this quarter as against Rs 90.98 crore of the same period last fiscal. Bajaj Holdings has strategic stakes of 31.49 percent in
group's flagship firm Bajaj Auto Ltd, 39.16 percent on Bajaj Finserve Ltd and 24 percent in Maharashtra Scooters Ltd.

Anda sedang membaca artikel tentang

Bajaj Holdings Q2 net up 17.78% at Rs 459.98 cr

Dengan url

http://harmonisem.blogspot.com/2013/10/bajaj-holdings-q2-net-up-1778-at-rs.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Bajaj Holdings Q2 net up 17.78% at Rs 459.98 cr

namun jangan lupa untuk meletakkan link

Bajaj Holdings Q2 net up 17.78% at Rs 459.98 cr

sebagai sumbernya

Harmonis Hubungan