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Marico consolidated quarterly net climbs 11.71%
Source: IRIS | 07 Nov, 2014, 01.44PM
Rating: NAN / 5 stars.
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Marico disclosed a steady growth in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 11.71% to Rs 1,182.61 million from Rs 1,058.65 million in the same quarter last year.

Net sales for the quarter rose 27.96% to Rs 14,311.74 million, compared with Rs 11,184 million for the prior year period.

Earnings per share for the quarter stood at Rs 1.83, registering 11.59% growth over previous year period.


Quarterly Results - consolidated  (Rs in mn)
As at Sep - 14 Sep - 13 %Change
Net Sales 14,311.74 11,184.13 27.96
Net Profit 1,182.61 1,058.65 11.71
Basic EPS 1.83 1.64 11.59

Shares of the company gained Rs 5.9, or 1.95%, to trade at Rs 308.00. The total volume of shares traded was 53,105 at the BSE (1.33 p.m., Friday).

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