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E-mail ID will not be published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.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • India needs to think quick and act fast to crank up its crude reserves

    With China overtaking the US in crude oil imports in April with imports at 7.4 million barrels per day, its thirst for building reserves and proving i

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Arun Kumar Jain

Politics has to be about problem solving

One of the most common sights every morning at major ...

Kuruvilla Pandikattu SJ

Start meditating to preserve grey matter

Since 1970, life expectancy around the world has risen dramatically, ...

Gautam Gupta

It’s ethnic wear all the way in Indian fashion

India is one of the most diverse countries in the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture