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Marico gains on reporting 16% rise in Q3 consolidated net profit

30 Jan 2024 Evaluate

Marico is currently trading at Rs. 524.25, up by 7.70 points or 1.49% from its previous closing of Rs. 516.55 on the BSE.

The scrip opened at Rs. 520.85 and has touched a high and low of Rs. 526.00 and Rs. 515.55 respectively. So far 33112 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 595.00 on 03-Oct-2023 and a 52 week low of Rs. 462.95 on 20-Apr-2023.

Last one week high and low of the scrip stood at Rs. 534.45 and Rs. 512.40 respectively. The current market cap of the company is Rs. 68043.67 crore.

The promoters holding in the company stood at 59.39%, while Institutions and Non-Institutions held 35.42% and 5.19% respectively.

Marico has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 11.81% rise in net profit at Rs 284 crore for the quarter ended December 31, 2023 as compared to Rs 254 crore for the same quarter in the previous year. However, total income of the company decreased by 8.20% at Rs 1768 crore for Q3FY24 as compared Rs 1926 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 15.92% rise in its net profit at Rs 386 crore for Q3FY24 as compared to Rs 333 crore for the same quarter in the previous year. However, total income of the company decreased by 1.79% at Rs 2465 crore for Q3FY24 as compared Rs 2510 crore for corresponding quarter of the previous year.

Marico Share Price

757.65 0.60 (0.08%)
20-Apr-2026 09:41 View Price Chart
Peers
Company Name CMP
AWL Agri Business 183.30
Patanjali Foods 459.60
Gokul Agro Resources 206.10
Marico 757.65
BCL Industries 32.83
View more..

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