Marico reports 7% fall in Q3 consolidated net profit

03 Feb 2017 Evaluate

Marico has reported results for third quarter ended December 31, 2016. 

The company has reported 13.09% rise in its net profit at Rs 265.31 crore for the quarter under review as compared to Rs 234.61 crore for the same quarter in the previous year. However, total income of the company decreased by 2.04% at Rs 1300.62 crore for the quarter under review as compared to Rs 1327.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 6.83% fall in its net profit at Rs 191.64 crore for the quarter ended December 31, 2016, as compared to Rs 205.68 crore for the same quarter in the previous year. Total income of the company decreased by 6.88% to Rs 1439.99 crore for quarter under review from Rs 1546.46 crore for the quarter ended December 31, 2015.

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