Marico gains on reporting rise in Q4 profit

Marico is currently trading at Rs. 209.80, up by 6.15 points or 3.02% from its previous closing of Rs. 203.65 on the BSE. The scrip opened at Rs. 207.75 and has touched a high and low of Rs. 212.85 and Rs. 207.75 respectively. So far 4,943 shares were traded on the counter. The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs. 248.09 on 31-May-2013 and a 52 week low of Rs. 188.21 on 25-Jun-2013. Last one week high and low of the scrip stood at Rs. 212.85 and Rs. 200.10 respectively. The current market cap of the company is Rs. 13,671.00 crore. The promoters holding in the company stood at 59.69%, while Institutions and Non-Institutions held 33.48% and 6.83% respectively. The company has posted a rise of 60.14% in its net profit at Rs 177.12 crore for the quarter ended March 31, 2014 as compared to Rs 110.60 crore for the same quarter in the previous year. Total income of the company increased by 31.03% at Rs 969.53 crore for quarter under review as compared to Rs 739.92 crore for the quarter ended March 31, 2013. On consolidated basis, the company has reported 5.85% rise in its net profit at Rs 88.77 crore for the quarter ended March 31, 2014 as compared to Rs 83.86 crore for the same quarter in the previous year. Total income of the company went up by 7.55% at Rs 1084.89 crore for quarter under review as compared to Rs 1008.75 crore for the quarter ended March 31, 2013. For the year ended March 31, 2014, the company has posted a jump of 34.52% in its net profit at Rs 577.20 crore as compared to Rs 429.08 crore for the same period in the previous year. Total income of company improved by 13.29% at Rs 3916.86 crore for year under review as compared to Rs 3457.29 crore for the period ended March 31, 2013. For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 22.61% in its net profit at Rs 485.38 crore as compared to Rs 395.86 crore for the same period in the previous year. Total income of company has increased by 2.39% at Rs 4744.41 crore for year under review as compared to Rs 4633.71 crore for the period ended March 31, 2013.