Bajaj Consumer Care Ltd on Monday released its fiscal first quarter earnings report with profit at Rs 37.93 crore, posting a marginal growth of 2.18 per cent in comparison to Rs 37.12 crore recorded during the corresponding quarter of FY25.
It posted revenue from operations at Rs 266.69 crore. This was 8.44 per cent higher than Rs 245.94 crore recorded during the first quarter of the previous financial year. The company EBITDA stood at Rs 40.5 crore, up 10.4 per cent on-year.
During the quarter, overall ADHO (Almond Drops Hair Oil) grew by 4 per cent on-year while volumes remained flat. Bajaj Consumer said that small packs grew by mid single digit YoY and sachet registering high teens growth. Mid and large packs, meanwhile, grew in low single digits on-year. In Q1, advertisement spends on ADHO increased by 46 per cent compared to Q1FY25, while total advertisement spends remained constant YoY.
Bajaj Consumer’s NPDs and traditional remained flat in Q1 on-year with Bajaj 100% Pure Coconut Oil delivered over 20 per cent growth in Q1 and Almond Drop Hair and Skin care saw subdued performance during the quarter. “Focus in Q1 was on product overhaul and margin rationalization,” it said.
Furthermore, on July 24, Bajaj Consumer had said that it will buyback up to 64.34 lakh equity shares of face value of Re 1, which amounts to 4.69 per cent of the total equity. The buyback price has been fixed as Rs 290 per share, aggregating to a maximum outlay of Rs 186.6 crore.