Marico reports 17% rise in Q1 consolidated net profit

Marico has reported results for first quarter ended June 30, 2016.

The company has registered 28.96% rise in its net profit at Rs 234.88 crore for the quarter as compared to Rs 182.12 crore for the same quarter in the previous year. Total income of the company increased marginally by 0.93% at Rs 1476.71 crore for quarter under review as compared to Rs 1462.98 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported 17.23% rise in its net profit at Rs 267.90 crore for the quarter ended June 30, 2016 as compared to Rs 228.53 crore for the same quarter in the previous year. However, total Income of the company decreased marginally by 0.01% to Rs 1781.78 crore for quarter under review from Rs 1781.89 crore for the quarter ended June 30, 2015.