Bajaj Consumer Care Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 09, 2023 at 04:11 pm IST
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Bajaj Consumer Care Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 2,399.39 million compared to INR 2,383.37 million a year ago. Net income was INR 332.03 million compared to INR 384.01 million a year ago. Basic earnings per share from continuing operations was INR 2.26 compared to INR 2.6 a year ago. Diluted earnings per share from continuing operations was INR 2.26 compared to INR 2.6 a year ago.
For the nine months, revenue was INR 7,384.2 million compared to INR 6,896.94 million a year ago. Net income was INR 987.55 million compared to INR 1,338.14 million a year ago. Basic earnings per share from continuing operations was INR 6.72 compared to INR 9.07 a year ago. Diluted earnings per share from continuing operations was INR 6.71 compared to INR 9.06 a year ago.
Bajaj Consumer Care Limited is an India-based fast moving consumer goods company. The Company is engaged in the manufacturing and marketing of cosmetics, toiletries and other personal care products. The Company a has presence in both domestic and international markets. It has a presence across various segments of personal care, including hair care and skin care. Its range of products include Bajaj Almond Drops, Bajaj 100% Pure Coconut Oil, Bajaj Coco Onion Non-Sticky Hair Oil, Bajaj Amla Aloevera Hair Oil, Bajaj Brahmi Amla Ayurvedic Hair Oil, New Bajaj Sarson Amla Hair Oil, Natyv Soul, Bajaj 100% Pure and Bajaj Nomarks Ayurveda. Its Natyv Soul products include Natyv Soul Pure Argan Oil from Morocco, Natyv Soul Argan Oil Shampoo and Natyv Soul Argan Oil Conditioner. The Company's distribution outlets are classified as two parts: general trade, which includes general retail stores and local corner shops, and organized trade, which includes large retail outlets as well as e-commerce.