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Marico reports 5% rise in Q4 consolidated net profit
May-06-2024

Marico has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 12.25% rise in its net profit at Rs 229 crore for the quarter under review as compared to Rs 204 crore for the same quarter in the previous year. However, total income of the company decreased by 3.87% at Rs 1,665 crore for Q4FY24 as compared Rs 1,732 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 4.92% rise in its net profit at Rs 320 crore for fourth quarter ended March 31, 2024 as compared to Rs 305 crore for the same quarter in the previous year. However, total income of the company decreased by 0.65% at Rs 2,293 crore for Q4FY24 as compared Rs 2,308 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 8.57% fall in net profit at Rs 1,078 crore as compared to Rs 1,179 crore for the previous year. Total income of the company decreased by 8.57% at Rs 7,137 crore for year under review as compared to Rs 7,806 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 13.62% rise in its net profit at Rs 1,502 crore as compared to Rs 1,322 crore for the previous year. However, total income of the company decreased by 1.14% at Rs 9,795 crore for year under review as compared to Rs 9,908 crore for year ended March 31, 2023.


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