Marico’s Q1FY24 Quarter Results
Marico’s net profit grew 16% YoY in Q1FY24.
- 28 Jul 2023
- Marico reported 9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY24). On a year-on-year (YoY) basis, it witnessed a de-growth of 2%.
- Its expenses for the quarter were up by 3% QoQ and down 6% YoY.
- The net profit grew 43% QoQ and 16% YoY.
- The earnings per share (EPS) of Marico stood at 3.3 during Q1FY24.
Marico’s Financial Statements for Q1FY24:
| (Rs, crores) | Q4FY21 | Q4FY21 | Q4FY22 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2,575 | 2,308 | 2,523 | 9% | -2% |
Total Expenses | 2,076 | 1,907 | 1,956 | 3% | -6% |
Profit before tax | 499 | 401 | 567 | 41% | 14% |
Tax | 122 | 96 | 131 | 36% | 7% |
Profit after tax | 377 | 305 | 436 | 43% | 16% |
Earnings per share | 2.9 | 2.3 | 3.3 |
Data Source: BSE, Company announcements
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