Bajaj Consumer Care Q1 Results Live : Bajaj Consumer Care declared their Q1 results on 09 Aug, 2024, reporting a significant decrease in both revenue and profit. The company’s topline decreased by 8.97% year-over-year, while the profit saw a decline of 19.69% YoY. However, compared to the previous quarter, Bajaj Consumer Care managed to achieve a revenue growth of 2.49% and a profit increase of 4.32%.
The company’s Selling, General & Administrative (SG&A) expenses saw a steep rise, increasing by 153.62% quarter-over-quarter and 158.13% year-over-year. This surge in expenses has put additional pressure on the company’s profitability.
Operating income for Bajaj Consumer Care was up by 6.83% compared to the previous quarter but saw a decline of 24.68% year-over-year. This mixed performance indicates some operational improvements but highlights the challenges the company faces in maintaining its profitability.
The Earnings Per Share (EPS) for Q1 stands at ₹2.6, marking a decrease of 19.75% year-over-year. This decline in EPS reflects the overall drop in net profits for the company.
Despite these setbacks, Bajaj Consumer Care has managed to deliver a 6.81% return over the last week, a 30.19% return in the last six months, and a 27.55% year-to-date return. This performance indicates that the company has managed to maintain investor confidence to some extent.
As of now, Bajaj Consumer Care has a market capitalization of ₹3999.65 Cr. The stock’s 52-week high is ₹286.9, while the 52-week low is ₹199.75, showing significant volatility over the past year.
Analyst sentiment around Bajaj Consumer Care appears to be positive. As of 11 Aug, 2024, out of 7 analysts covering the company, 4 have given a ‘Buy’ rating, while 3 have given a ‘Strong Buy’ rating.
The consensus recommendation for Bajaj Consumer Care as of 11 Aug, 2024, is a ‘Strong Buy.’ This suggests that despite the recent financial challenges, analysts remain optimistic about the company’s future performance.
Bajaj Consumer Care Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 245.94 | 239.96 | +2.49% | 270.17 | -8.97% |
| Selling/ General/ Admin Expenses Total | 66.26 | 26.13 | +153.62% | 25.67 | +158.13% |
| Depreciation/ Amortization | 2.33 | 2.61 | -10.67% | 2.32 | +0.3% |
| Total Operating Expense | 211.64 | 207.86 | +1.82% | 224.63 | -5.79% |
| Operating Income | 34.3 | 32.1 | +6.83% | 45.53 | -24.68% |
| Net Income Before Taxes | 45.14 | 43.56 | +3.63% | 55.81 | -19.12% |
| Net Income | 37.12 | 35.58 | +4.32% | 46.22 | -19.69% |
| Diluted Normalized EPS | 2.6 | 2.49 | +4.42% | 3.24 | -19.75% |
