Marico has announced its Q2 results, delivering a strong revenue performance even as profitability remained largely stable. The company reported revenue of ₹3,482 crore for the quarter, marking a solid 31% year-on-year rise compared with ₹2,664 crore in the same period last year.

Despite the sharp rise in revenue, net profit saw a marginal decline of 0.7%. Marico posted a profit of ₹420 crore for the quarter, slightly lower than ₹423 crore recorded a year ago.

The company’s operating performance stayed positive, with EBITDA improving to ₹560 crore, up 7.3% from ₹522 crore last year. However, the EBITDA margin slipped to 16.1% from 19.6% a year earlier.

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TOPICS: Marico