Marico reports 17% rise in Q1 consolidated net profit

Marico India has reported results for first quarter ended June 30, 2014.

The company’s net profit has surged by 4.58% at Rs 144.39 crore as compared to Rs 138.06 crore for the quarter ended June 30, 2013. Its total income has increased by 27.76% to Rs 1362.47 crore for the quarter under review from Rs 1066.36 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 17.46% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 185.27 crore for the quarter as compared to Rs 157.72 crore for the same quarter in the previous year. Total income has increased by 17.55% at Rs 1641.45 crore for quarter under review as compared to Rs 1396.31 crore for the quarter ended June 30, 2013.