Marico Q2 net profit up 9.4 % to Rs 78.29 crore
During the quarter under review, Marico's net sales increased by 25.6 per cent to Rs 974.45 crore from Rs 775.81 crore in the year-ago period.
By PTI | Updated:
MUMBAI: FMCG firm Marico today posted a 9.4 per cent year-on-year increase in net profit to Rs 78.29 crore for the quarter ended September 30, 2011.
In the corresponding quarter last fiscal, the company -- which sells ' Parachute' brand hair oil and ' Saffola' edible oil, among other products -- had reported a net profit of Rs 71.56 crore, Marico said in a statement.
During the quarter under review, Marico's net sales increased by 25.6 per cent to Rs 974.45 crore from Rs 775.81 crore in the year-ago period, it said.
The firm has declared an interim dividend of 30 per cent (30 paisa) per share of Re 1 face value.
Scrips of Marico were trading at Rs 149.55 on the BSE, down 0.07 per cent from their previous close.
In the corresponding quarter last fiscal, the company -- which sells ' Parachute' brand hair oil and ' Saffola' edible oil, among other products -- had reported a net profit of Rs 71.56 crore, Marico said in a statement.
During the quarter under review, Marico's net sales increased by 25.6 per cent to Rs 974.45 crore from Rs 775.81 crore in the year-ago period, it said.
The firm has declared an interim dividend of 30 per cent (30 paisa) per share of Re 1 face value.
Scrips of Marico were trading at Rs 149.55 on the BSE, down 0.07 per cent from their previous close.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
