Marico Q1 net profit up 28% at Rs 238 cr

Marico Q1 net profit up 28% at Rs 238 cr

FPJ BureauUpdated: Friday, May 31, 2019, 11:35 PM IST
article-image

New Delhi :  FMCG firm Marico Ltd reported a 28.36% increase in consolidated net profit of Rs 237.83 crore for the first quarter ended June 30.

Marico’s net sales rose by 10% to Rs 1,781.47 crore. “The overall sales growth was bolstered by strong growths in the focused rigid bottle segment of coconut oil and value added hair oil portfolio,” the company said. Marico’s domestic business grew by 12% in the quarter while International business posted a growth of 4%. Its overall expenses stood at Rs 1,478.53 crore.

RECENT STORIES

The Entrepreneurial Journey Of Moglix’s Founder & CEO, Rahul Garg, And How He Built A...

The Entrepreneurial Journey Of Moglix’s Founder & CEO, Rahul Garg, And How He Built A...

Rally Of Green At Dalal Street: BSE, Nifty End FY24 On A High Note; Will The Good Run Continue In...

Rally Of Green At Dalal Street: BSE, Nifty End FY24 On A High Note; Will The Good Run Continue In...

Ipca Laboratories Shareholders Reject Employees Stock Option Scheme Resolution

Ipca Laboratories Shareholders Reject Employees Stock Option Scheme Resolution

Toyota Set To Raise Prices On Select Models Starting April 1!

Toyota Set To Raise Prices On Select Models Starting April 1!

The Storm On Wheels: Suzuki Launches V-STROM 800DE

The Storm On Wheels: Suzuki Launches V-STROM 800DE