Monday, May 14, 2012

Bajaj Hindusthan Q2 net profit falls 88% YoY at Rs 9 cr


Bajaj Hindusthan , one of the largest sugar producers in India, has reported a sharp fall of 87.67% year-on-year in its net profit of Rs 9 crore for the fourth quarter of FY12.

Net sales too declined to Rs 1201 crore in the January-March quarter of 2012 as against Rs 1,252.5 crore in a year ago period.

At 14:16 hours IST, the stock fell 1.71% to Rs 28.70 on the BSE and its current market capitalisation stands at Rs 1,835.08 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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