Marico net rises 9% to Rs 44 cr

Consumer goods major Marico has posted a net profit of Rs 44.4 crore for the fourth quarter ended March 31, 2009, 9 per cent higher than the Rs 40.7 crore net profit  for the corresponding previous year quarter.

On a consolidated basis, its total Income rose by 20.8 per cent to Rs 569.1 crore for the quarter, compared to Rs 471 crore for the corresponding previous year quarter.

The Group posted a net profit of Rs 188.7 crore for the year ended March 31, 2009, 11.65 per cent higher than the Rs 169 crore net profit for the year ended March 31, 2008. Total Income rose by 25 per cent to Rs 2402.6 crore for the year, compared to Rs1914.5 crore for the previous year.