Categories AlphaGraphs, Earnings

Marico Ltd Q2FY24; 17% 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 Q2FY24 of ₹2,476.00 Crores down from ₹2,496.00 Crore year on year, a fall of 0.8%.
  • Total Expenses for Q2FY24 of ₹2,038.00 Crores down from ₹2,115.00 Crores year on year, a fall of 3.64%.
  • Consolidated Net Profit of ₹360.00 Crores up 17.26% from ₹307.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.73, up 17.17% from ₹2.33 in the same quarter of the previous year.

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