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Bajaj Corp Standalone Q3 net declines by 4.55 percent.



Mumbai, Jan 12: Bajaj Corp has reported a decline of 4.55 percent in its standalone net profit for the quarter ended December 31, 2017 at Rs 55.16 crore as compared with the net profit of Rs 57.79 crore for the same quarter a year ago.
However , Total income rose by 5.92 per cent to Rs 212.53 crore as against Rs 200.65 crore in the year ago period.
Expenses during the quarter under review rose by 11.95 percent to Rs 142.38 crore compared with Rs 127.18 crore in the corresponding period of the previous fiscal.
The company has declared an interim dividend of Rs 12 per share of Rs 1 each for the financial year. UNI

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