Bajaj Hindusthan Announces Q4 & FY 08 Results - Dec 22, 2008

Bajaj Hindusthan Ltd has announced the following results for the quarter & year ended September 30, 2008: The Unaudited results for the Quarter ended September 30, 2008. The Company has posted a net loss of Rs 874.60 million for the quarter ended September 30, 2008 as compared to net profit of Rs 905.40 million for the quarter ended September 30, 2007. Total Income has increased from Rs 4273.50 million for the quarter ended September 30, 2007 to Rs 4769.70 million for the quarter ended September 30, 2008.

The Audited results for the Year ended September 30, 2008, The Company has posted a net loss of Rs 501.70 million for the year ended September 30, 2008 as compared to net profit of Rs 510.10 million for the year ended September 30, 2007. Total Income has increased from Rs 17436.60 million for the year ended September 30, 2007 to Rs 18028.70 million for the year ended September 30, 2008.

The Consolidated results are as follows: The Audited consolidated results for the Year ended September 30, 2008, The Group has posted net loss after tax of Rs 1976.20 million for the year ended September 30, 2008 as compared to net loss after tax of Rs 40.10 million for the year ended September 30, 2007. Total Income has increased from Rs 18128.60 million for the year ended September 30, 2007 to Rs 21202.60 million for the year ended September 30, 2008.