Personal care products maker Marico is set to announce fourth quarter FY11 net profit of Rs 64.2 crore, a 12% growth as compared to Rs 56.9 crore in same quarter the previous year.
Net sales are seen going up by 22% at Rs 735 crore from Rs 602 crore on year-on-year basis. Earnings before interest, depreciation, tax and amortisation (EBIDTA) margin is expected to be at 13.4% versus 14.1%. Contraction in margin is expected due to rise in raw material costs. Strong volume growth is expected to aid the company's topline growth.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
