Marico Q3 net profit up 16 pc at Rs 223 cr

Image
Press Trust of India New Delhi
Last Updated : Feb 09 2018 | 5:00 PM IST
FMCG firm Marico today reported a 16.51 per cent increase in its consolidated net profit at Rs 223.28 crore for the quarter ended December 2017 on higher expenses.
The company had posted a net profit of Rs 191.64 crore during the October-December quarter of the previous fiscal, Marico said in a BSE filing.
Total income during the quarter under review stood at Rs 1,641.74 crore. It was Rs 1,439.99 crore in the year-ago period.
The company also announced a second interim equity dividend for financial year 2017-18 at Rs 2.5 per equity share of Re 1 each.
Expenses during the quarter were Rs 1,347.47 crore against Rs 1,170.03 crore in the year-ago period.
Marico stock closed 0.53 per cent down at Rs 298.45 apiece on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 09 2018 | 5:00 PM IST

Next Story