Marico Q2 profit flat at ₹420 crore, margins contract
after close1 source ↓written by the desknot a recommendation
- from ₹423 crore
- 0.7% decline
- year-on-year
- 30.7%
- year-on-year
- ₹3,482 crore
Marico Ltd. reported a net profit of ₹420 crore, reflecting a 0.7% decline from ₹423 crore in the previous quarter. Revenue surged 30.7% year-on-year to ₹3,482 crore. However, the EBITDA margin contracted to 16.1% due to inflationary pressures on key commodities. This performance may impact market sentiment in the FMCG sector.
Not investment advice. For informational purposes only.