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FMCG firm Marico has posted a 9.4 per cent year-on-year increase in net profit to Rs 78.29 crore for the second quarter ended September 30, 2011.
In the corresponding quarter last fiscal, the company — which sells ‘Parachute’ brand hair oil and ‘Saffola’ edible oil, among other products — had reported a net profit of Rs 71.56 crore, Marico said in a statement today.
During the quarter under review, the net sales increased 25.6 per cent to Rs 974.45 crore from Rs 775.81 crore in the year-ago period.
The firm has declared an interim dividend of 30 per cent (30 paisa) per share of Re 1 face value.
Scrips of Marico ended at Rs 149.45 on the BSE, down 0.13 per cent from their previous close.
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