Marico Limited reported a net profit of Rs 406 crore for the quarter ended December 31, 2024 (Q3 FY25), marking a 5% year-on-year (YoY) increase compared to Rs 386 crore in the same quarter last year. The profit growth was driven by higher revenue and improved operational efficiency.
Key financial highlights for Q3 FY25 (Consolidated):
- Revenue from operations: Rs 2,794 crore, up 15% YoY from Rs 2,422 crore in Q3 FY24.
- Total income: Rs 2,836 crore, compared to Rs 2,465 crore in the corresponding quarter last year.
- Total expenses: Rs 2,318 crore, higher than Rs 1,970 crore YoY, due to increased material costs.
- Profit before tax: Rs 518 crore, compared to Rs 495 crore in Q3 FY24.
- Net profit: Rs 406 crore, up from Rs 386 crore in Q3 FY24.
Key expense highlights:
- Cost of materials consumed: Rs 1,283 crore, reflecting an increase from Rs 908 crore in Q3 FY24 due to higher input costs.
- Advertisement and sales promotion: Rs 293 crore, up from Rs 246 crore in Q3 FY24, supporting brand visibility and product expansion.
Sequential performance (Q3 FY25 vs. Q2 FY25):
- Revenue from operations increased from Rs 2,664 crore in the previous quarter.
- Net profit, however, declined slightly from Rs 433 crore in Q2 FY25, reflecting higher promotional expenses.
Marico’s strong revenue growth is attributed to robust domestic demand and expanding market penetration. The company’s cost controls and operational efficiencies helped it maintain stable margins despite inflationary pressures.
TOPICS:
Marico