Marico Q4 net up 5.85% at Rs 88.77 crore

FMCG firm Marico Ltd today reported 5.85 per cent rise in consolidated net profit at Rs 88.77 crore for the quarter ended March 31, 2014.

The company had reported net profit of Rs 83.86 crore in the corresponding quarter a year ago, it said in a BSE filing.

Marico said results are not comparable with corresponding quarter last year as its skincare business 'Kaya' was demerged in October 2013.

The company had also reported exceptional item of Rs 33.20 crore in the corresponding quarter of last fiscal.

Marico's net sales during Q4, 2013-14 went up by 7.27 per cent at Rs 1,069.81 crore, compared with Rs 997.25 crore in the year-ago period.

Expenses during Q4 were at Rs 939.33 crore, up 4.08 per cent, against Rs 902.45 crore in the same quarter last year.

Shares of Marico were trading at Rs 202 apiece in the afternoon trade on the BSE, down 0.49 per cent from its previous close.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Kerala, god’s own country, will always be free spirited

    Candy is dandy, but liquor is quicker,” the celebrated American poet Ogden Nash had once said famously.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>:The over-the-top effect effect

The overconfidence effect is a bias in which someone’s subjective ...

Parvez Imam

The absoluteness in representations

When a representation replaces the original object or subject, a ...

Dharmendra Khandal

Religion and conservation must go hand in hand

In 1986, former president of WWF International, HRH Prince Philip, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture