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Bajaj Holdings & Inv Q4 net profit jumps 55.26% at Rs 201.90 cr 18/05/2018 17:10

The company reported standalone net profit of Rs 201.90 crore for the quarter ended March 31, 2018 as compared to Rs 130.04 crore in the same period last year, registering a year-on-year growth of 55.26 per cent.

Net revenue of the company rose substantially by 22.98 per cent at Rs 219.92 crore in January-March quarter of this fiscal as against Rs 178.82 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 0.28 per cent to Rs 18.13 crore from Rs 18.18 crore in year ago period.

Other Income grew by 1.90 per cent at Rs 1.07 crore versus (Mar'17 Rs 1.05 crore).

Operating Profit surged by 25.62 per cent to Rs 201.79 crore as against Rs 160.64 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.15 per cent in March quarter.

Taxation decreased by 101.19 per cent at Rs -0.36 crore (Mar'17 Rs 30.32 crore).

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