Monday 12 August 2013

Marico Q1 net up 27% at Rs 158 cr

Company reported net profit of Rs 124 cr in the April-June quarter of the 2012-13 fiscal

FMCG  firm Marico Ltd today reported 27.36% increase in net profit at Rs 157.72 crore for the first quarter ended June 30, 2013.

The company had reported net profit of Rs 123.83 crore in the April-June quarter of the 2012-13 fiscal.

Marico's Q1, 2013-14, net sales were at Rs 1,379.66 crore, up 8.87% compared to Rs 1,267.2 crore in the year-ago period, the company said in a BSE filing.

Revenue from consumer products increase by 8.89% at Rs 1,295.55 crore and revenue from skin care increased by 7.67% at Rs 86.81 crore.

Overall expenses during Q1 were at Rs 1,173.28, up 6.40%, as against Rs 1,102.67 crore in the same quarter last year.

Marico Ltd scrip closed at Rs 202.10 in the afternoon trade, up 1.38% on the BSE.

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