Dolat Capital: Bajaj Consumer Care - Growth In Hair Oil On Favorable Base

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Bajaj Consumer Care Ltd.’s Q2 FY21 results exceeded our estimate. Revenue was a beat as urban performance was ahead of anticipation.During Q2 FY21, overall revenues increased by 3.8% YoY driven by 9.6% in general trade but was impacted by 26.7% decline in alternate trades.Modern trade was impacted significantly due to entry restrictions in stores, closure of malls and local lockdowns.Gross margin contracted by 70 basis points primarily due to adverse sales mix during the quarter.However, sequential improvement in gross margin was a positive..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Dolat Capital: Bajaj Consumer Care - Growth In Hair Oil On Favorable Base

Dolat Capital: Bajaj Consumer Care - Growth In Hair Oil On Favorable Base

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