Marico Q3 Results: Profit Steady, Margin Contracts On High Inflation

Net profit of the Parachute coconut hair oil maker rose 1% over the preceding year to Rs 310 crore in the quarter ended December.

Sesa Sen

Published On

28 Jan 2022, 06:02 PM IST

Last Updated On

28 Jan 2022, 10:30 PM IST

Marico Ltd. health and beauty products are displayed on the shelf of a department store in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Marico Ltd.’s quarterly profit remained steady but margin contracted amid poor consumption as inflation hurt purchasing power.

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Sesa Sen

Sesa is Principal Correspondent tracking India's consumption story. She wri... more

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Marico Q3 Results: Profit Steady, Margin Contracts On High Inflation

Net profit of the Parachute coconut hair oil maker rose 1% over the preceding year to Rs 310 crore in the quarter ended December.

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