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Bajaj Holdings announces Q1 results

Bajaj Holdings & Investment Ltd has announced the following Unaudited results for the quarter ended June 30, 2008:

The results for the Quarter ended June 30, 2008

The Company
has posted a net profit of Rs 152.00 million for the quarter ended June 30, 2008 as compared to Rs 548.50 million for the quarter ended June 30, 2007. Total Income has decreased from Rs 657.80 million for the quarter ended June 30, 2007 to Rs 204.20 million for the quarter ended June 30, 2008.

The Consolidated results are as follows:

The consolidated results
for the Quarter ended June 30, 2008

The Group has posted a net profit of Rs 513.70 million for the quarter ended June 30, 2008 as compared to Rs 1042.00 million for the quarter ended June 30, 2007. Net Sales & Income from operations has decreased from Rs 668.70 million for the quarter ended June 30, 2007 to Rs 216.40 million for the quarter ended June 30, 2008.

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