City
Epaper

Marico posts 5.3 pc rise in q4 net profit, declares dividend of Rs 6.50 per share

By IANS | Published: May 06, 2024 5:14 PM

Mumbai, May 6 Fast moving consumer goods major Marico on Monday reported a 5.3 per cent in consolidated ...

Open in App

Mumbai, May 6 Fast moving consumer goods major Marico on Monday reported a 5.3 per cent in consolidated net profit rose to Rs 318 crore for the Jan-March quarter compared to the corresponding figure of Rs 302 crore in the same period last year.

Marico which owns the Saffola and Parachute brands of packaged oils posted a 2 per cent increase in revenue at Rs 2,278 crore up from Rs 2,240 crore in the same quarter of the previous year.

The Board of Directors of Marico Limited declared a second interim dividend of Rs 6.50 per equity share.

This takes the total dividend of the company to Rs 9.50 per share as an interim dividend of Rs 3 per share was declared on October 30, 2023.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalJ&K: Local missing, 2 tourists rescued as glacier caves in Sonamarg hill station

NationalArvind Kejriwal surrenders, sent to judicial custody till June 5

EntertainmentAngelina Jolie, Brad Pitt's daughter Shiloh drops Pitt from last name

EntertainmentBigg Boss 17 Star Khanzaadi Shares Struggles of House-Hunting in Mumbai Due to Muslim Identity

NationalPunjab records 62.80 pc voter turnout for 13 LS seats: CEO

Business Realted Stories

BusinessPlanters request Assam govt to ban a few pesticides that're compromising tea quality

BusinessIndustrialist Harsh Goenka lists 10 expectations from PM Modi in 3rd term

BusinessIndia visibly reaping dividends from global supply chains diversification

BusinessAdani Portfolio delivers robust growth, EBITDA reaches record Rs 82,917 crore in FY24

BusinessAdani Portfolio delivers record performance in 2023-24 fiscal, EBITDA grows 45 pc