Marico reports 27% rise in Q2 consolidated net profit

Marico has reported results for second quarter ended September 30, 2015.

The company has reported 1.47% fall in its net profit at Rs 126.30 crore for the quarter ended September 30, 2015 as compared to Rs 128.19 crore for the same quarter in the previous year. However, the company’s total income has increased by 0.63% to Rs 1203.79 crore for the quarter under review from Rs 1196.25 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 27.45% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates of Rs 150.72 crore for the quarter ended September 30, 2015 as compared to Rs 118.26 crore for the same quarter in the previous year. Total income of the company has increased by 3.93% at Rs 1499.59 crore for quarter under review as compared to Rs 1442.87 crore for the quarter ended September 30, 2014.