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Corporate Aug 3, 2012

Marico Q1 net profit at Rs 126 crore

FMCG major Marico posted a consolidated net profit of Rs 125.78 crore for the first quarter ended 30 June.

The company had posted a net profit of Rs 86.51 crore during the same period of previous fiscal. The company said current quarter results include the financial results of Marico Consumer Care Ltd (MCCL) and Halite and hence are not comparable to that of first quarter of 2011-12 fiscal.

Screengrab from site

Net sales of the company stood at Rs 1,267.20 crore for the April-June quarter. It stood at Rs 1,041.39 crore during the same period of 2011-12 fiscal, Marico said in a filing to the BSE.

Shares of Marico were trading at Rs 192.85 on the BSE in late afternoon trade, down 0.67 percent from the previous close.

PTI


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