Marico Ltd. posted a 5.2% increase in its consolidated net profit in the third quarter of the current financial year, beating analysts' estimates.
The fast-moving consumer goods firm posted a profit of Rs 406 crore in the quarter ended December, as compared to Rs 386 crore in the same period last year, according to an exchange filing on Friday. Analysts tracked by Bloomberg had a consensus estimate of Rs 402 crore.
Marico Q3 FY25 Results Highlights
Revenue rose 15.4% to Rs 2,794 crore versus Rs 2,422 crore. (Bloomberg estimate at Rs 2,744 crore)
Net profit increased 5.2% to Rs 406 crore versus Rs 386 crore. (Bloomberg estimate at Rs 402 crore)
Ebitda up 3.9% to Rs 533 crore versus Rs 513 crore. (Bloomberg estimate at Rs 539 crore)
Margin at 19.1% versus 21.2%. (Bloomberg estimate at 19.60%)
(This is a developing story).
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