Marico Ltd reports Rs. 328 crores consolidated net profit in Q3 FY2023

Marico Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2510 crores during the period ended December 31, 2022 as compared to Rs. 2515 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 328 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 301 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.53 for the period ended December 31, 2022 as compared to Rs. 2.32 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2510 crs	₹2515 crs	-0.20%
Net Profit	₹328 crs	₹301 crs	8.97%
EPS	₹2.53	₹2.32	9.05%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2510 crores during the period ended December 31, 2022 as compared to Rs.2429 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.328 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.310 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.53 for the period ended December 31, 2022 as compared to Rs.2.40 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2510 crs	₹2429 crs	3.33%
Net Profit	₹328 crs	₹310 crs	5.81%
EPS	₹2.53	₹2.40	5.42%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.7600 crores during the 9 Months period ended December 31, 2022 as compared to Rs.7425 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1000 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.975 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.7.71 for the 9 Months period ended December 31, 2022 as compared to Rs.7.54 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹7600 crs	₹7425 crs	2.36%
Net Profit	₹1000 crs	₹975 crs	2.56%
EPS	₹7.71	₹7.54	2.25%

Shares of Marico Limited was last trading in BSE at Rs. 493.80 as compared to the previous close of Rs. 499.60. The total number of shares traded during the day was 85014 in over 2067 trades.

The stock hit an intraday high of Rs. 501.20 and intraday low of 492.15. The net turnover during the day was Rs. 42197723.00.

Source : Equity Bulls

Keywords

Marico Q3FY23 9MFY23 ResultUpdate