Marico posts higher consolidated PAT of Rs. 427 crores in Q1 FY2024

Marico Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2523 crores during the period ended June 30, 2023 as compared to Rs. 2308 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 427 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 302 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.30 for the period ended June 30, 2023 as compared to Rs. 2.34 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2523 crs	₹2308 crs	9.32%
Net Profit	₹427 crs	₹302 crs	41.39%
EPS	₹3.30	₹2.34	41.03%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2523 crores during the period ended June 30, 2023 as compared to Rs.2575 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.427 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.371 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.30 for the period ended June 30, 2023 as compared to Rs.2.887 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 2523 crs	₹2575 crs	-2.02%
Net Profit	₹427 crs	₹371 crs	15.09%
EPS	₹3.30	₹2.887	14.31%

Shares of Marico Limited was last trading in BSE at Rs. 573.30 as compared to the previous close of Rs. 554.50. The total number of shares traded during the day was 210053 in over 8867 trades.

The stock hit an intraday high of Rs. 577.25 and intraday low of 553.25. The net turnover during the day was Rs. 119304267.00.

Source : Equity Bulls

Keywords

Marico Q1FY24 ResultUpdate