Homegrown fast-moving consumer goods (FMCG) major Marico Ltd reported a significant 20.27% year-on-year (YoY) increase in consolidated net profit to ₹433 crore for the September quarter (Q2FY25), up from ₹360 crore in the corresponding quarter last year.
Marico’s consolidated revenue from operations rose 7.6% YoY to ₹2,664 crore, compared to ₹2,476 crore in Q2FY24. Total income, including other income, increased 9.22% to ₹2,746 crore.
Total expenses for the quarter increased 7.65% to ₹2,194 crore. The company’s domestic revenue grew 8.02% to ₹1,979 crore, while international revenue rose 6.36% to ₹685 crore.
According to Marico’s earnings presentation, the company witnessed a “sequential uptick in growth in the domestic business” and the “international business continues robust show.” Marico’s popular brands, including Saffola, Parachute, and Livon, contributed to its strong performance.
Marico Ltd’s shares closed at ₹628.80 per scrip on the BSE, down 0.83% from the previous close.
This robust financial performance underscores Marico’s commitment to delivering strong results amidst a competitive market landscape.
