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Marico: Near-term headwinds a concern

Nandish Shah   •

The Street needs to track the food portfolio as Marico's next engine of growth

Marico: Net profit increased 13% in March quarter to Rs 257 crore. Marico Ltd reported an increase of 13.2 per cent in its consolidated net profit to Rs 257 crore for the fourth quarter ended March 31, 2022. Its revenue from operations during January-March 2022 jumped 7 per cent to Rs 2,161 crore, compared with Rs 2012 crore in the year-ago period.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More