Marico Q1 Results Revenue Reaches Rs. 2,643 Crore and Net Profit Hits Rs. 474 Crore

Marico Q1 Results 2024-2025: Marico announced its Q1 results for the financial year 2024-2025 on August 5, 2024, reporting a revenue from operations of Rs. 2,643 crore, marking a 6.7% year-over-year (YoY) increase from Rs. 2,477 crore in the corresponding quarter last year. On a quarter-on-quarter (QoQ) basis, the revenue rose by 16%, up from Rs. 2,278 crore reported in Q4 of 2023-2024.

The company's profit before tax also showed strong growth, surging by 6.7% YoY to Rs. 605 crores from Rs. 567 crores in Q1 FY 2023, while posting an impressive 51.6% QoQ increase compared to Rs. 399 crores in the previous quarter.

Net profit for Q1 FY 2024-2025 stood at Rs. 474 crore, reflecting a 48.1% QoQ growth from Rs. 320 crore in Q4 FY 2023, and a 10.4% YoY increase from Rs. 436 crore in Q1 FY 2023. The company's total income reached Rs. 2,680 crore, showing a 6.2% YoY rise.

Marico's advertising and promotion expenses also saw an 8% YoY increase, highlighting its continued investment in brand growth, while employee benefits expenses rose 12% YoY to Rs. 203 crore. The company's strong quarterly performance was driven by robust demand across its value-added hair oils and healthy foods segments.

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Marico Q1 Results 2024-2025

Marico reported its Q1 financial results for the fiscal year 2024-2025, showcasing growth across multiple key metrics. The company experienced a steady increase in revenue, profits, and operational efficiency on both a year-over-year (YoY) and quarter-on-quarter (QoQ) basis.

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Marico Current Market Overview

Marico is currently trading at ₹646 per share, with a market value of ₹83,637 crore. In the past year, the stock price has ranged between a high of ₹693 and a low of ₹486. The company has a price-to-earnings (P/E) ratio of 55.1, which shows its valuation relative to its earnings.

Marico also provides a dividend yield of 1.47%, offering steady returns to its investors. With strong financial health, the company has a high return on capital employed (ROCE) of 43.1% and a return on equity (ROE) of 38.5%, indicating good profitability.

Q1 Results

The following table presents Marico's financial performance for December 2023, March 2024, and June 2024. It includes key metrics such as sales, operating profit, and net profit, providing a snapshot of the company's recent financial health.

About Marico

Marico is one of India's leading companies in the consumer goods industry, focusing on beauty and wellness products. It operates in more than 25 countries across Asia and Africa. The company is known for popular brands like Parachute (coconut oil), Saffola (healthy foods and oils), and Set Wet (male grooming).

Marico offers a wide range of products, including hair care, skin care, edible oils, and healthy foods. Over the years, it has built a strong presence in the market with its focus on quality and innovation in everyday consumer products.

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