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Marico Q1 net up 10 pc at Rs 260 cr

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Press Trust of India New Delhi

FMCG firm Marico today reported 10.25 per cent rise in consolidated net profit at Rs 260.13 crore for the quarter ended June 30.

The company had reported a net profit of Rs 235.93 crore in April-June quarter of 2017-18.

Total income during the reported quarter stood at Rs 2,050.8 crore. It was Rs 1,714.53 crore in the June quarter of 2017-18, Marico said in a BSE filing.

It said during the quarter its India business volumes grew 12.4 per cent while the International business posted a currency growth of 7 per cent (volume growth of 3 per cent).

"The FMCG Business in India achieved a turnover of Rs 1,628 crore (USD 243 million), a growth of 23 per cent over the same period last year," it added.

 

Marico said revenue from International business stood at Rs 399 crore in the reported quarter as against Rs 365 crore in the same period a year ago.

Stock of Marico was trading 4.27 per cent down at Rs 352.75 on BSE.

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First Published: Aug 02 2018 | 3:40 PM IST

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