Marico's Q3 net profit rises 1.6% to Rs 317 cr; sales jumps 13.4%

Marico's total expenses in the December 2021 quarter stood at Rs 2,022 crore, up 15.4% as against Rs 1,752 crore a year ago

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Marico

Press Trust of India  |  New Delhi 

FMCG firm Ltd on Friday reported a marginal increase of 1.6 per cent in its consolidated net profit to Rs 317 crore for the third quarter ended December 2021.

The company had posted a net profit of Rs 312 crore in the corresponding quarter a year ago, said in a BSE filing.

Its revenue from operations during October-December 2021 jumped 13.43 per cent to Rs 2,407 crore, compared with Rs 2,122 crore in the year-ago period.

Marico's total expenses in the December 2021 quarter stood at Rs 2,022 crore, up 15.4 per cent as against Rs 1,752 crore a year ago.

Revenue from the domestic market jumped 11.68 per cent to Rs 1,817 crore as against Rs 1,627 crore a year ago.

Marico's revenue from international sales rose 19.19 per cent to Rs 590 crore, compared with Rs 495 a year.

Shares of Ltd on Monday settled at Rs 471 on the BSE, up 1.75 per cent from the previous close.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Fri, January 28 2022. 17:41 IST
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