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 Income2,5752,3082,5239%-2%
Total Expenses2,0761,9071,9563%-6%
Profit before tax49940156741%14%
Profit after tax37730543643%16%
Earnings per share2.92.33.3

Data Source: BSE, Company announcements

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