{"id":140024,"date":"2023-02-03T06:19:02","date_gmt":"2023-02-03T11:19:02","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140024"},"modified":"2023-02-03T06:19:09","modified_gmt":"2023-02-03T11:19:09","slug":"marico-ltd-nse-maricoq3-fy23-results-outtotal-income-rises-3-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/marico-ltd-nse-maricoq3-fy23-results-outtotal-income-rises-3-yoy\/","title":{"rendered":"Marico Ltd.(NSE: MARICO)|Q3 FY23 Results Out|Total Income rises 3% yoy"},"content":{"rendered":"\n

Marico Limited (NSE: MARICO)<\/a> is an Indian consumer goods company that provides health and wellness products. Its portfolio includes popular brands such as Parachute, Saffola, Hair & Care, and Nihar. The company operates in India and international markets and is headquartered in Mumbai. Marico is committed to delivering high-quality products and has a strong focus on innovation and sustainability.<\/p>\n\n\n\n

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Marico Limited reported its financial results for a recent quarter. The revenue from operations grew by 3% YoY to Rs 2,470 crores, with an underlying volume growth of 4% in the domestic market and a constant currency growth of 8% in the international market. The gross margin expanded 123 bps YoY and 131 bps sequentially, while advertising and promotion expenses were up 3% sequentially. The EBITDA margin stood at 18.5%, a 55 bps YoY increase and a 111 bps sequential increase, resulting in a 6% YoY increase in EBITDA. The profit before tax grew 9% due to higher other income, and the net profit after tax was up 6% YoY due to a higher effective tax rate.<\/p>\n","protected":false},"excerpt":{"rendered":"

Marico Limited (NSE: MARICO) is an Indian consumer goods company that provides health and wellness products. Its portfolio includes popular brands such as Parachute, Saffola, Hair & Care, and Nihar. The company operates in India and international markets and is headquartered in Mumbai. Marico is committed to delivering high-quality products and has a strong focus […]<\/p>\n","protected":false},"author":1932,"featured_media":140027,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,1941,85],"tags":[9723],"class_list":["post-140024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-stock-analysis","category-retail-stocks","tag-fmcg"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/a62c0d03-a76b-436d-b618-e3e6414bace2-1.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":145129,"url":"https:\/\/alphastreet.com\/india\/marico-limited-q4fy23-20-growth-in-profits\/","url_meta":{"origin":140024,"position":0},"title":"Marico Limited Q4FY23; 20% Growth in Profits","author":"Karan_Singh","date":"May 5, 2023","format":false,"excerpt":"Marico Limited\u2019s revenue in Q4FY23 rose 4% to \u20b9 2,240 crores. 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