Bajaj Healthcare Profit Soars 26.9% in Q2

Bajaj Healthcare has reported a significant financial uplift for the September quarter, with its net profit climbing 26.9% year-on-year to ₹14 crore. This performance surpasses the ₹11 crore profit recorded in the corresponding period of the previous year.

The company's revenue from operations also demonstrated healthy growth, escalating by 18.9% to reach ₹176 crore from ₹148 crore a year earlier. Earnings before interest, tax, depreciation, and amortisation (EBITDA) saw an increase of 15.8%, totaling ₹31 crore.

However, a closer look at the margins reveals a slight moderation. The EBITDA margin for the quarter was 17.7%, a marginal decrease from the 18.2% reported in the prior year. This suggests some pressure on operating profitability even as revenue expanded.

In parallel, other entities within the Bajaj group have also released their September quarter financial outcomes. Bajaj Consumer Care announced a substantial 67% year-on-year net profit increase to ₹70.2 crore. Concurrently, Bajaj Housing Finance reported a 17.7% rise in net profit, reaching ₹757 crore, with stable asset quality.