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Marico reports 16% rise in Q3 consolidated net profit
Date: 30-01-2024Marico 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.