However, its revenue from operations fell 1.94% to Rs 2,422 crore during the quarter under review from Rs 2,470 crore a year ago
New Delhi: Homegrown FMCG major Marico Ltd, on Monday, reported a 15.9% increase in its consolidated net profit to Rs 386 crore for the third quarter (Q3) ended December 2023.
It had posted a net profit of Rs 333 crore in the October-December quarter a year ago, Marico said in a regulatory filing.
However, its revenue from operations fell 1.94% to Rs 2,422 crore during the quarter under review from Rs 2,470 crore a year ago.
Its total expenses in the December quarter was Rs 1,970 crore, down 4.7%.
Shares of Marico Ltd on Monday settled at Rs 516.55 apiece on BSE, down 1.64% from the previous close.
