Monday, May 20th 04:53 AM IST

Marico Q1 net profit at Rs 126 crore

Aug 3, 2012

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

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.

Screengrab from site

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 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 percent from the previous close.

PTI

Firstpost encourages open discussion and debate, but please adhere to the rules below, before posting. Comments that are found to be in violation of any one or more of the guidelines will be automatically deleted:

Personal attacks/name calling will not be tolerated. This applies to comments directed at the author, other commenters and other politicians/public figures

Please do not post comments that target a specific community, caste, nationality or religion.

While you do not have to use your real name, any commenters using any Firstpost writer's name will be deleted, and the commenter banned from participating in any future discussions.

Comments will be moderated for abusive and offensive language.

Please read our comments and moderation policy before posting