Comments
FMCG firm, Marico, on Thursday reported a consolidated net profit of Rs 84.11 crore for the third quarter ended December 31, 2011.
The company had posted a net profit of Rs 69.52 crore in the corresponding period of previous fiscal, Marico said in a filing to the BSE.
“There are certain items included in financials of Q3 FY12 and Q3 FY11 that make the results of these two quarters non comparable,” it added.
Net sales of the company rose to Rs 1,057.81 crore for the third quarter ended December 31, 2011. It stood at Rs 817.73 crore in the same period previous fiscal.
On a standalone basis, the company posted a net profit of Rs 87.36 crore for the third quarter. It stood at Rs 56.29 crore in the same period previous financial year.
Shares of Marico today closed at Rs 153.40 on the BSE, up 2.47 per cent from its previous close.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.