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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