Categories AlphaGraphs, Retail

Marico Ltd Q1FY24; 16% rise in Profits

Marico Limited is one of India’s leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care.

Financial Results:

Marico Ltd reported Revenues for Q1FY24 of ₹2,477.00 Crores down from ₹2,558.00 Crore year on year, a fall of 3.17%.

Total Expenses for Q1FY24 of ₹1,956.00 Crores down from ₹2,076.00 Crores year on year, a fall of 5.78%.

Consolidated Net Profit of ₹436.00 Crores up 15.65% from ₹377.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.30, up 14.98% from ₹2.87 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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