Marico posts net profit of Rs 126 cr in Q1

Aug 03, 2012 |

New Delhi

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FMCG major Marico on Friday posted a consolidated net profit of Rs 125.78 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 86.51 crore during the same period of previous fiscal. The company said current quarter results include the financial results of Marico Consumer Care Ltd (MCCL) and Halite and hence are not comparable to that of first quarter of 2011-12 fiscal.

Net sales of the company stood at Rs 1,267.20 crore for the April-June quarter. It stood at Rs 1,041.39 crore during the same period of 2011-12 fiscal, Marico Ltd on Friday said in a filing to the BSE.

Shares of Marico were trading at Rs 192.85 on the BSE in late afternoon trade, down 0.67 per cent from the previous close.

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