Bajaj Consumer tumbles after Q4 PAT drops 29% YoY

9 May 2022 , 01:29 PM

On a standalone basis, profit before tax (PBT) fell 28.8% year-on-year to Rs 46.5 crore in Q4 March 2022. EBITDA declined 37.9% to Rs 38.6 crore during the period under review. EBITDA margin stood at 17.9% in Q4 March 2022, lower than 18.4% in Q3 December 2021 and 25.7% in Q4 March 2021. During the quarter, total expenses fell 1.91% to Rs 183.42 crore. Cost of material consumed fell 13.50% to Rs 57.90 crore while employee expense declined 8.93% to Rs 18.96 crore. For the full year, net profit declined 21.93% to Rs 174.54 crore on 3.61% decline in net sales to Rs 865.52 crore in the year ended March 2022 over the year ended March 2021. EBITDA declined 26.1% to Rs 183.8 crore during the year. EBITDA margin stood at 21.2% in FY2022, lower than 27.7% in FY2021. Bajaj Consumer Care is the leading player in light hair oil category with the flagship brand Bajaj Almond Drops Hair Oil commanding around 65% market share in its category. The company also manufactures other hair care and skin care products under various brands. Powered by Capital Market – Live News