 "Marico Q3 net up 18% at Rs 160 crore")
The company had posted a net profit of Rs 135.36 crore in the corresponding period of the previous fiscal, Marico said in a filing to the BSE.
Net sales of the company rose 20.90% to Rs 1,448.92 crore for the third quarter ended December 31, 2014, as against Rs 1,198.35 crore in the same period previous fiscal.
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Overall expenses stood at Rs 1,238.98 crore in the quarter under review as compared with Rs 1,019.58 crore in the same quarter a year ago.
In a separate filing, Marico said the company has declared a second interim dividend of Rs 1.50 per equity share of Re 1 each for the financial year 2014-15.
Shares of Marico were trading at Rs 345.10 apiece on the BSE, down 4.27% from its previous close.