MARICO · Fast Moving Consumer Goods
Marico Ltd. reported revenue of ₹2,422 cr for October to December 2023, — on the year and −2.2% on the quarter.
Operating profit (EBITDA) was ₹513 cr, a margin of 21.2%, — on the year and +111 bps on the quarter.
Net profit was ₹386 cr, — on the year and +7.2% on the quarter, with earnings per share of ₹2.96.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2,422 cr | ₹2,278 cr | ₹2,643 cr | ₹2,664 cr | ₹2,794 cr | ₹2,730 cr | ₹3,221 cr | ₹3,450 cr | ₹3,537 cr | ₹3,301 cr | ₹3,957 cr | ₹3,897 cr |
| YoY | — | — | +7% | +8% | +15% | +20% | +22% | +30% | +27% | +21% | +23% | +13% |
| EBITDA margin | 21.2% | 19.4% | 23.7% | 19.6% | 19.1% | 16.8% | 20.3% | 16.2% | 16.7% | 15.8% | 20.7% | 18.2% |
| Other income, % of PBT | 9% | 4% | 6% | 15% | 8% | 11% | 9% | 9% | 7% | 12% | 6% | 8% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 22% | 20% | 22% | 22% | 22% | 22% | 22% | 21% | 19% | 19% | 17% | 17% |
| Net profit | ₹386 cr | ₹320 cr | ₹474 cr | ₹433 cr | ₹406 cr | ₹345 cr | ₹513 cr | ₹432 cr | ₹460 cr | ₹408 cr | ₹652 cr | ₹558 cr |
| YoY | — | — | +9% | +20% | +5% | +8% | +8% | −0% | +13% | +18% | +27% | +29% |
| Core profit YoY | — | — | +9% | +7% | +5% | +3% | +6% | +7% | +11% | +13% | +24% | +24% |
| EPS | ₹2.96 | ₹2.46 | ₹3.58 | ₹3.27 | ₹3.08 | ₹2.65 | ₹3.89 | ₹3.24 | ₹3.44 | ₹3.01 | ₹4.86 | ₹4.24 |
| Flags | · | · | ✓ | ✓ | ✓ | ✓ | 1 | 1 | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Marico Ltd. reported revenue of ₹2,422 cr (— on the year) and net profit of ₹386 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
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