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Marico Q1 profit rises 25% to Rs 630 crore; shares slide over 3%
Marico reported a Q1 earnings beat, with profit rising 25% to Rs 630 crore and revenue up 22.9% to Rs 3,957 crore, supported by India volume growth, international demand and stronger margins. Shares nevertheless fell over 3%.
Reported figures
From the report. Source details below
| EBITDA rose 25% to | Rs 819 crore |
|---|---|
| EBITDA margin expanded to 20.7% from | 20.3% |
| Share price fell as much as 3.21% to | Rs 846.85 |
Also in the report
- Shares traded 1.5% lower at Rs 861.70 as of 9:41 a.m.