FMCG-major Marico is scheduled to release its results for the January-March quarter of the financial year 2024-2025 today (May 2). Investors will watch closely for signals on profitability, volumes, and a potential dividend for the stock which has increased over 9 percent in the past one month.
The company has scheduled a conference call with its investors and analysts at 6 pm today. The results are expected to be released prior to the call.
Marico shareholders eye dividend payout:The company had intimated stock exchanges on April 21 that its board is set to consider a dividend payout during its meeting scheduled for May 2. Notably, the company had last announced an interim dividend of Rs 3.5 per equity share in January, while releasing its results for Q3 FY25. The record date for the dividend payment was set on January 16, and the dividend was paid on or before March 2.
Marico share price history:Marico shares had closed 0.33 percent lower at Rs 709 apiece on April 30. As markets remained closed on May 1, the stock will be kept under active watch today as the market reopens.
Although Marico shares have fallen 1.5 percent in the past five days, the stock has gained over 9 percent in the past one month. It has risen over 10 percent in 2025 so far. The rise in the share price comes despite strong volatility seen in the market amid global uncertainties.
How did Marico perform in the December quarter?Marico had reported a 4.2 percent year-on-year rise in consolidated net profit to Rs 399 crore for the October-December quarter, while revenue grew 15 percent to Rs 2,794 crore. The FMCG major had benefited from higher sales volumes in its domestic and international businesses, but faced margin pressures due to rising input costs.
Marico had said that it expects its demand to remain stable in the coming quarters, aided by rural recovery and government support measures. However, rising input costs could continue to weigh on profitability. "While the sharper-than-anticipated rise in input costs will have some transient impact on margins in the near term, we remain biased towards driving top quartile volume growth and double-digit revenue growth in the near and medium term," said Saugata Gupta, managing director and CEO.
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