Get latest articles and stories on Latest News at LatestLY. Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent increase in its consolidated net profit at Rs 360 crore in the second quarter ended September 2023. Latest News | Marico Net Profit Rises 17 Pc to Rs 360 Crore, Revenue Falls Maginally to Rs 2,476 Crore in Q2.
Marico, owner of the Parachute oil brand, has so far bought a 32.75% stake in Satiya Nutraceuticals and will complete the acquisition of the remaining stake in tranches by May 2025
Marico Q4 earnings: Net profit climbed 18.67% to Rs 305 crore in the January-March quarter compared to Rs 257 crore profit in the corresponding period a year ago
Marico which owns popular brands like Saffola, Parachute, Livon etc said its total revenue in the March quarter inched up 5.62 per cent to Rs 2,308 crore.