Bajaj Consumer Care Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, demonstrating strong operational performance across both standalone and consolidated metrics. The company's board of directors approved the unaudited financial results during their meeting held on January 21, 2026.

Standalone Financial Performance

The company delivered impressive growth in its standalone operations for Q3FY26. Revenue from operations increased significantly compared to the previous year, driven by robust demand across its product portfolio.

The strong revenue growth was primarily attributed to increased sales of goods, which rose to ₹28,671.82 lakhs in Q3FY26 from ₹22,557.37 lakhs in the corresponding quarter of the previous year. Total expenses for the quarter stood at ₹23,410.37 lakhs, reflecting efficient cost management despite increased business activity.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company maintained its growth trajectory with substantial improvements in key financial metrics.

The nine-month results showcased consistent performance improvement, with the company successfully expanding its market presence while maintaining profitability margins.

Consolidated Results Highlight Group Performance

The consolidated financial results, which include the company's subsidiaries, demonstrated even stronger performance metrics for the quarter.

The consolidated results reflected the contribution from the company's subsidiaries, including Vishal Personal Care Limited, which became a wholly-owned subsidiary following the completion of the remaining 51% equity acquisition in May 2025.

Key Business Developments

Several significant corporate developments shaped the company's performance during the period:

• Subsidiary Acquisition: The company completed the acquisition of the remaining 51% equity stake in Vishal Personal Care Limited for ₹6,209.57 lakhs on May 16, 2025, making it a wholly-owned subsidiary
• Demerger Scheme: The board approved a scheme of arrangement on July 24, 2025, for demerging Vishal Personal Care Limited's manufacturing and distributor undertaking, subject to regulatory approvals
• Labour Code Implementation: The company assessed and recognized the impact of new labour codes that became effective from November 21, 2025

Operational Efficiency and Cost Management

The company demonstrated strong operational efficiency during the quarter. Key expense categories showed controlled growth relative to revenue expansion:

• Advertising and Sales Promotion: ₹4,536.29 lakhs in Q3FY26 versus ₹3,300.83 lakhs in Q3FY25
• Employee Benefit Expenses: ₹2,872.27 lakhs compared to ₹2,573.57 lakhs in the previous year
• Cost of Materials Consumed: ₹7,897.09 lakhs against ₹7,547.88 lakhs in Q3FY25

The company maintained its focus on a single business segment of "Cosmetics, Toiletries and Other Personal Care products," with no reportable segments under Ind-AS 108. The financial results were prepared in compliance with Indian Accounting Standards and received an unmodified review report from the statutory auditors.

Bajaj Consumer Care Limited has received a tax demand order from the Superintendent, Tax Officer, Ambala, Haryana, involving a total demand of ₹27.21 lakh. The company disclosed this development on December 30, 2025, under Regulation 30 of SEBI Listing Regulations.

Tax Demand Details

The order has been issued under section 73 of the CGST Act 2017, primarily concerning the disallowance of GST credit claimed by the company. The tax authorities have raised a demand for the declared tax value along with applicable penalties.

Nature of Violation

The tax order has been passed on account of the disallowance of GST credit previously claimed by the company. The authorities have questioned the eligibility or validity of certain GST credits that Bajaj Consumer Care had availed, leading to this demand notice under the Central Goods and Services Tax Act.

Company's Response and Impact Assessment

Bajaj Consumer Care has clarified that this tax demand order will not impact its financial, operational, or other business activities. The company has emphasized that the order is appealable under the GST framework and has indicated its intention to contest the demand at the higher appellate level.

The management's assessment suggests confidence in their GST credit claims and procedures, as evidenced by their decision to challenge the order through the established appellate mechanism rather than accepting the demand.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to inform stock exchanges about material events that could impact investor decisions, including regulatory orders and tax demands above specified thresholds.