Q3FY17 results: Marico Ltd.
Bhagyashree Vivarekar / 02 Feb 2017
The company's stock opened at Rs 255.3 on the BSE and fell 3.26 per cent after the results were declared and is currently trading around Rs 255.3. The company's PAT of Rs 191.64 crore represents a sequential QoQ increase of 6.14 per cent and a YoY decline of 6.83 per cent.
Marico Ltd. reported its results for the quarter ended December 31, 2016.
The company's total sales for Q3FY17 amounted to Rs 1416.71 crore, which represents a 1.81 per cent sequential decline and 7.42 per cent YoY decline.
Its operating profit (EBIT) for the quarter was Rs 251.11 crore and its EBIT margin was 17.72 per cent.
The company's PAT of Rs 191.64 crore represents a sequential QoQ increase of 6.14 per cent and a YoY decline of 6.83 per cent.
The company's stock opened at Rs 255.3 on the BSE and fell 3.26 per cent after the results were declared and is currently trading around Rs 255.3.
Marico Ltd is a Indian company engaged in the business of fast moving consumer goods (FMCG) and branded services in the area beauty and healthcare. The company's brands include Parachute, Saffola, Hair&Care, Nihar, Shanti, Mediker, Revive, Manjal, Kaya Skin Clinic, Aromatic, Fiancee, HairCode, Caivil, Hercules, Code 10 and Black Chic.
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