Shares of Bajaj Consumer Care surged in Friday’s trade after the company reported strong fourth-quarter earnings. In afternoon trade, Bajaj Consumer Care stock was at Rs 482.00, up Rs 53.10 or 12.38% on NSE. For the quarter, Bajaj Consumer’s net profit stood at Rs 63.6 crore compared with Rs 31 crore in the year-ago period. Revenue grew 31% to Rs 327 crore versus Rs 251 crore a year earlier. EBITDA came in at Rs 77 crore, up from Rs 32 crore in the corresponding quarter last year, while EBITDA margin improved sharply to 23.4% from 12.7% on a year-on-year basis. Profit before tax for the quarter rose to Rs 78.08 crore from Rs 38.14 crore in the same period last year. Earnings per share increased to Rs 4.79 compared with Rs 2.27 a year ago. The company’s total income for the quarter stood at Rs 313.90 crore.
