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Last Updated : May 06, 2019 04:05 PM IST | Source: Moneycontrol.com

Marico Q4 net profit jumps 18% to Rs 217cr

Its consolidated revenue rose 8.7 percent at Rs 1,609 crore versus Rs 1,480 crore.

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Marico has reported 18.6 percent jump in its Q4 adjusted net profit at Rs 217 crore on the back of better operating income.

The company had reported profit of Rs 183 crore in a year ago period.

Its consolidated revenue rose 8.7 percent at Rs 1,609 crore versus Rs 1,480 crore.

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Earnings before interest, tax, depreciation and amortization (EBITDA) up 12.3 percent at Rs 283 crore, margin was at 17.6 percent.

During the year the company has written back tax provision pursuant to acceptance of its position in tax proceeding pertaining to earlier years.

Marico shares ended at Rs 340, down Rs 16.25, or 4.56 percent on the BSE.
First Published on May 6, 2019 04:05 pm

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