Marico net profit up 14% in Jan quarter; revenue up 34% on low base

The company's domestic consumer business contributes nearly 77 per cent to overall top line

Consumer goods company Marico on Friday reported a 14.07 per cent increase in consolidated net profit to Rs 227 crore for the quarter ended March 31, 2021 (Q4), aided by a low base and all-round recovery in product segments.
 
Revenue grew 34.5 per cent to Rs 2,012 crore in the quarter under review versus Rs 1,496 crore reported last year. This was aided by str­ong year-on-year (YoY) sales and underlying volume growth of 37 per cent and 25 per cent, respectively, in the domestic business.
 
Marico’s domestic consumer business contributes nearly 77 per cent to overall top line.