Shares of Bajaj Consumer Care Ltd are in focus after the company reported a strong set of fourth quarter results on Friday. teh stock has surged over 14% and is trading at Rs 493.90 at its peak.
The strong performance in the March quarter, driven by healthy revenue growth and a sharp improvement in margins. The company's revenue rose 30.4% year-on-year to Rs 326.7 crore, compared with Rs 250.5 crore in the corresponding quarter last year, reflecting steady demand and improved operating efficiency.
Profitability saw a significant jump during the quarter, with EBITDA more than doubling to Rs 76.5 crore from Rs 31.9 crore a year earlier. The EBITDA margin expanded sharply to 23.4% from 12.7% last year. Net profit also surged year-on-year, coming in at Rs 63.6 crore versus Rs 31 crore in the year-ago period, underscoring a strong operational turnaround.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
