Chaitanya Deshpande

Marico net profit rises 9.68 per cent

Marico net profit rises 9.68 per centConsumer products major, Marico has reported an increase of 9.68 per cent in net profit to Rs 85.87 crore during the second quarter of the financial year.

The rise in the quarter comes mainly due to a strong sales growth in the consumer products division. The company had recorded a net profit of Rs 78.29 crore during the same period of the previous year. the net sales of the company rose 19 per cent to Rs 1,155.89 crore during the quarter compared to Rs 967.40 crore during the same quarter of the previous year.

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