BAJAJ CORP LIMITED - FIRST QUARTER RESULTS - Q1 FY 2013 (JUNE,2012) - NET SALES : UP 30% & NPT UP 32% YoY

BAJAJ CORP LIMITED

FIRST QUARTER RESULTS

Q1 FY 2013 (JUNE,2012)

“Bajaj Corp Ltd” is one of India’s leading FMCG Company with major brands in Hair Care Category. With brands that have been in the market for decades, the company is known for creating widely respected brands in hair oil category and generating loyal base of consumers who are using our brands for years.

The First quarter ending June 2012 Results of Bajaj Corp are presented here in Tabular form – indicating the amount (Rs in Lakhs) for Q1 FY 13 (June’12)l the preceding quarter of Q4 FY 12 (March,’12), the Percentage difference between them (QoQ difference); amount for Q1 FY 2012 (June,2011) and the percentage difference between Q1 FY 13 and Q1 FY 12 (YoY difference).

As can be seen, Net Profit has increased 10.5% QoQ and 32.39% YoY. Net Sales has come down 5.82% QoQ but has gone up 29.83% YoY. Overall, the results are very Good.

The 52 week high/low price : Rs.153.70/94.45; Current market Price is around Rs.149.

BAJAJ CORP	30-Jun-12	31-Mar-12	QoQ% DIF	30-Jun-11	YoY % DIF
Net Sales	13804.88	14658.63	-5.82	10657.8	29.53
Total Expenditure	10010.07	11387.47	-12.1	8055.41	24.27
Profit  before Interest, Dep. & Taxes	3794.81	3271.16	16.01	2602.39	45.82
Net Profit	3762.32	3404.83	10.5	2841.89	32.39
Diluted EPS	2.55	2.31	10.39	1.93	32.12
Net Sales	13804.88	14658.63	-5.82	10657.8	29.53
Cost of materials	5047.9	6268.27	-19.47	4684.09	7.77
Purchases of SIT	875.82	993.48	-11.84	768.45	13.97
Employee benefits	692.83	583.31	18.78	540.52	28.18
Depreciation	78.17	80.57	-2.98	47.52	64.5
Other expenses	3112.7	3838.8	-18.91	2446.02	27.26
Total expenses	10010.07	11387.47	-12.1	8055.41	24.27
Profit before tax	4713.24	4318.73	9.13	3564.8	32.22
Tax Expenses	950.92	913.9	4.05	722.91	31.54
Net Profit	3762.32	3404.83	10.5	2841.89	32.39
Face Value of Share (in Rs )	1	1	0	1	0
Paid-up Equity	1475	1475	0	1475	0
Diluted EPS (In Rs)	2.55	2.31	10.39	1.93	32.12
Public Shareholding (%)	15.25	15.25	0	15.25	0

OTHER DETAILS

(In Rupees  : Crores)

ITEM :: Q1 2013 :: Q1 2012 :: FY12 :: FY11

Ø  EBITDA Margin :: 28.19% :: 24.96% :: 24.70% :: 30.37%

Ø  Net Profit Margin :: 27.25% :: 26.67% :: 25.43% :: 23.45%

Ø  Net profit for FY11 is after exceptional items (IPO expenses) of  Rs. 18.96 Crore.

Ø  Sales for the quarter ended Jun’12 has increased by 29.53% value wise and 22.35% volume wise over corresponding quarter of previous year.

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