| Company | Value | Change | %Change |
|---|
In the corresponding quarter of the previous fiscal, Bajaj Consumer Care posted a net profit of ₹36.3 crore, the company said in a regulatory filing. The company’s revenue from operations dipped 6.3% to ₹234.4 crore as against ₹250.2 crore in the corresponding period of the preceding fiscal.
At the operating level, EBITDA tanked 44.4% to ₹26.1 crore in the third quarter of this fiscal over ₹47 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 11.1% in the reporting quarter as compared to 18.8% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.
Also Read: Bajaj dynasty is said to earmark $1 billion for hospital chainFurther, Bajaj Consumer Care’s board has approved a Share Purchase cum Shareholders Agreement to acquire 100% equity in Vishal Personal Care Pvt Ltd from its existing shareholders, including Peepul Capital Fund III LLC.
The acquisition will be executed in two tranches, with Bajaj Consumer Care initially acquiring a 49% stake in the first tranche, followed by the remaining 51% in the second tranche, subject to agreed terms. Upon completion, Vishal Personal Care will become a wholly owned subsidiary of Bajaj Consumer Care.
Bajaj Consumer Care’s general trade segment remained under pressure due to subdued demand, though secondary sales grew 4% quarter-on-quarter. The company reduced distributor inventory by four days to improve ROI and expanded Bajaj’s 100% Pure Coconut Oil distribution by 14% year-on-year in Q3.Also Read: ‘They burn brands’: Bajaj Auto MD Rajiv Bajaj cautions startups not to become ‘upstarts’
In organised trade, the company registered 22% year-on-year growth in Q3, with a 30% saliency. Modern trade grew 10%, driven by strong chain-wide performance, while Almond Drops Hair Oil (ADHO) saw 18% year-on-year growth. E-commerce sales rose 39%, with quick commerce surging 72% YoY, now contributing 10% to the e-commerce business. Canteens and institutions grew 25% in Q3.
The international business posted a 23% year-on-year increase in Q3 and 19% growth for the first nine months of FY25. Bangladesh continued robust growth on both quarter-on-quarter and year-on-year bases, while the rest of the world (ROW) markets grew 12% in Q3 and 26% for 9M FY25.
Nepal registered 5% growth in Q3 and 28% for 9M, supported by new product development, while GCC and Africa maintained steady growth. Almond Drops Hair Oil saw a low single-digit year-on-year decline in Q3 but remained flat sequentially.
Also Read: ITI Q3 Results | Net profit narrows to ₹49 crore as revenue jumps on strong operational performance
Large and mid-sized packs outperformed small packs, with the 95 ml variant achieving mid-single-digit growth through a nationwide consumer offer to address high price indexation. Modern trade and e-commerce-specific packs (650 ml and 750 ml) recorded strong growth, supported by exclusive kits and visibility investments.
The results came after the close of the market hours. Shares of Bajaj Consumer Care Ltd ended at ₹172.85, down by ₹5.90 or 3.30% on the BSE.
