Marico rose 1.31% to Rs 225 at 10:35 IST on BSE after consolidated net profit rose 23.7% to Rs 197.81 crore on 7.6% rise in total income to Rs 1573.36 crore in Q3 December 2015 over Q3 December 2014.
The result was announced on Saturday, 30 January 2016.Meanwhile, the BSE Sensex was up 96.95 points, or 0.39%, to 24,967.64.
On BSE, so far 1.55 lakh shares were traded in the counter, compared with an average volume of 2.66 lakh shares in the past one quarter. The stock hit a high of Rs 231 and a low of Rs 221.45 so far during the day. The stock hit a 52-week high of Rs 234.20 on 21 December 2015. The stock hit a 52-week low of Rs 169.50 on 3 February 2015. The stock had outperformed the market over the past one month till 29 January 2016, falling 0.67% compared with 4.64% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 13.11% as against Sensex's 7.33% fall.
The large-cap company has an equity capital of Rs 129.02 crore. Face value per share is Re 1.
Marico's earnings before interest, taxes, depreciation and amortization (EBITDA) rose 24% to Rs 294 crore in Q3 December 2015 over Q3 December 2014.
Marico said it delivered a healthy volume growth of 10% in Q3 December 2015. The India business recorded a robust volume growth of 10.5% while the International business posted a constant currency top line growth of 8%.
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Marico is a leading Indian group in consumer products & services in the global beauty and wellness space.
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