E-Paper
Marico Q3 results: Net profit up by 16 % at ₹386 crore
Marico Q3 results: It had posted a net profit of ₹333 crore in the October-December quarter a year ago, Marico said in a regulatory filing.
Published on: Jan 29, 2024, 17:14:41 IST
Share via
Copy link
Homegrown FMCG major Marico Ltd on Monday reported a 15.9 per cent increase in its consolidated net profit to ₹386 crore for the third quarter ended December 2023.
It had posted a net profit of ₹333 crore in the October-December quarter a year ago, Marico said in a regulatory filing.
Read more: IPOs in January: Top performers and failures as 22 companies hit Dalal Street
However, its revenue from operations fell 1.94 per cent to ₹2,422 crore during the quarter under review from ₹2,470 crore a year ago.
Its total expenses in the December quarter was ₹1,970 crore, down 4.7 per cent.
Shares of Marico Ltd on Monday settled at ₹516.55 apiece on BSE, down 1.64 per cent from the previous close.
Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator
