Bajaj Consumer’s Q2 net profit slumps

12 Nov 2024 , 01:11 PM

Bajaj Consumer Care stated that the company has logged flat revenue in Q2 FY25, with operating profit totalling ₹233.98 Crore, down just 0.4% from ₹234.85 Crore last year and 4.9% from Q1 FY25.

Total income decreased marginally to ₹242.85 Crore from ₹246.24 Crore in the previous year.

EBITDA decreased 11% to ₹32.64 Crore from ₹36.69 Crore in Q2 FY24.

The company’s EBITDA margins also fell, to 13.9% from 15.6% a year ago, showing persistent challenges on operating efficiency and cost control.

The net profit (PAT) declined by 15% year on year to ₹31.85 Crore from ₹37.27 Crore, with a small improvement over the prior quarter. The company’s profit before tax (PBT) decreased to ₹38.84 Crore from ₹45.38 Crore in the previous quarter due to persistent margin challenges.

Bajaj Consumer Care sells cosmetics, toiletries, and other personal care items. The Company operates in both domestic and foreign markets.

Bajaj Consumer Care, a division of the legendary Bajaj Group, owns the iconic brands Bajaj Almond Drops Hair Oil and Nomarks, which not only lead their categories but also show our steadfast dedication to quality, trust, and ongoing innovation.

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