Bajaj Consumer Care (BAJAJCON) Q4 03/04 earnings summary

Executive summary

• FY2003-04 sales and other income were ₹10,042.12 lakh; profit before tax was ₹106.15 lakh and reported profit after tax before prior-year tax adjustment was ₹98.04 lakh.

• After a ₹10.83 lakh prior-year tax adjustment, profit available for appropriation was ₹87.21 lakh; the directors recommended a 5% dividend on cumulative preference shares.

Financial highlights

• Sales and other income rose to ₹10,042.12 lakh from ₹9,519.63 lakh in FY2002-03.

• Profit before depreciation and tax was ₹270.86 lakh vs ₹167.15 lakh; depreciation was ₹164.71 lakh vs ₹49.74 lakh, leaving PBT of ₹106.15 lakh vs ₹117.41 lakh.

• Reported profit after tax was ₹98.04 lakh vs ₹60.56 lakh; after prior-year tax adjustments, profit was ₹87.21 lakh vs ₹59.27 lakh.

• FY2003-04 total expenditure was ₹9,428.33 lakh; turnover was ₹9,519.63 lakh in the balance-sheet abstract, while the directors’ financial results list sales and other income of ₹10,042.12 lakh.

Segment performance

• Personal Care Product Division reported Pure Coconut Oil production of 120.91 kilolitres and sales of 119.12 kilolitres, vs 160.59 and 158.66 kilolitres, respectively, in FY2002-03.

• Health Care Division recorded total production of 619.12 and sales of 578.72; the listed categories were liquid, dry and other medicines.

• Exports were ₹41.37 lakh vs ₹63.81 lakh; FOB export value comprised ₹37.70 lakh from Personal Care Products and ₹0.32 lakh from Health Care.