Live
- IPL 2024: Delhi bowlers will go after all of SRH’s top-order batters, says head coach Ricky Ponting
- At Amroha rally, PM Modi sends out ‘meaningful’ message for Muslims and Hindus
- Tripura records highest 79.83 pc voter turnout in Northeast
- The government has to clear the confusion
- UP: Police officers, govt doctors to appear virtually in courts
- White tigress Sneha dies at Nandankanan zoo
- World Liver Day 2024: Follow these easy lifestyle tips to cleanse and maintain a healthy liver
- Scholarships For Students
- What are the causes behind the increasing number of cancer cases
- Navigating Higher Education in US through scholarship
Marico Q3 net profit up 16% at Rs 223 crore
Highlights
FMCG firm Marico today reported a 16.51 per cent increase in its consolidated net profit at Rs 223.28 crore for the quarter ended December 2017 on higher expenses.The company had posted a net profit of Rs 191.64 crore during the October-December quarter of the previous fiscal, Marico said in a BSE filing.
NEW DELHI: FMCG firm Marico today reported a 16.51 per cent increase in its consolidated net profit at Rs 223.28 crore for the quarter ended December 2017 on higher expenses.The company had posted a net profit of Rs 191.64 crore during the October-December quarter of the previous fiscal, Marico said in a BSE filing.
Total income during the quarter under review stood at Rs 1,641.74 crore. It was Rs 1,439.99 crore in the year-ago period.
The company also announced a second interim equity dividend for financial year 2017-18 at Rs 2.5 per equity share of Re 1 each.
Expenses during the quarter were Rs 1,347.47 crore against Rs 1,170.03 crore in the year-ago period.Marico stock closed 0.53 per cent down at Rs 298.45 apiece on BSE.
Next Story
ADVERTISEMENT
