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Marico Q3 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Marico shares in green after Q3 profit surges 16% - Vimarsana News

Marico shares in green after Q3 profit surges 16%

For the quarter ended December 31, 2023, more than three-fourths of Marico’s portfolio sustained or gained market share.

Marico's consolidated revenue declines in Q3; no sign of rural recovery, low input cost to support margins - Vimarsana News

Marico's consolidated revenue declines in Q3; no sign of rural recovery, low input cost to support margins

Marico said the domestic volumes grew in low single digits on a year-on-year basis with a slight sequential improvement in its core portfolio.

marico share price: Marico Q3 Update: Revenue drops even as volumes grow in low single-digit - Vimarsana News

marico share price: Marico Q3 Update: Revenue drops even as volumes grow in low single-digit

Towards the end of the December quarter, Marico initiated significant steps towards improving the ROI of its general trade channel partners while structurally re-igniting growth in the channel. This included a primary stock correction for its channel partners.

Marico Q3 net profit rises 5% to ₹333 cr, revenue up by 2.6% - Vimarsana News

Marico Q3 net profit rises 5% to ₹333 cr, revenue up by 2.6%

The revenue from operations rose by 2.6 per cent to ₹2,470 as against ₹2,407 in the corresponding quarter last fiscal.

Marico shares zoom 5% post Q3 results; here's what brokerages say - Vimarsana News

Marico shares zoom 5% post Q3 results; here's what brokerages say

The stock opened 2.76 per cent higher at Rs 484 against the previous close of Rs 471.