Healthy growth outlook, market share gains positive for Marico stock
Parachute coconut oil posted 10 per cent Y-o-Y growth in value with 4 per cent Y-o-Y growth in volume30-10-2024
30-10-2024
MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed newspaper extract of the un-audited consolidated financial results for the quarter and half year ended September 30, 2024.30-10-2024
Marico Results Earnings Call for Q2FY25
Conference Call with Marico Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.29-10-2024
MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings conference call held on Tuesday, October 29, 2024 on the un-audited financial results and operations of the Company for the quarter and half year ended September 30, 2024, is available on the Company s website.29-10-2024
Marico Q2 result: Net profit rises 20% to Rs 433 cr, revenue at Rs 2,664 cr
Homegrown FMCG major Marico Ltd on Tuesday reported an increase of 20.27 per cent in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago, Marico said in a regulatory filing. Its consolidated revenue from operations was up 7.6 per cent to Rs 2,664 crore during the quarter under review. It was at Rs 2,476 crore a year ago. Total expenses of Marico, which owns popular brands like Saffola, Parachute, Livon, etc, increased 7.65 per cent in the September quarter to Rs 2,194 crore. Marico's total income, which includes other income, was up 9.22 per cent to Rs 2,746 crore. Domestic revenue of the Harsh Mariwala-led company was up 8.02 per cent to Rs 1,979 crore. Similarly, its revenue from the international market was up 6.36 per cent to Rs 685 crore. There is a "sequential uptick in growth in the domestic business" and the "international business continues robust show", said Marico in it29-10-2024
Q2FY25 Quarterly Result Announced for Marico Ltd.
Personal Products company Marico announced Q2FY25 results Financial Highlights: Revenue from Operations was at Rs 2,664 crore, up 8% YoY, with underlying volume growth of 5% in the domestic business and constant currency growth of 13% in the international business. Domestic revenue was Rs 1,979 crore, up 8% YoY. EBITDA Rs 522 crore, change 5% compared to Q2FY24. EBITDA Margin (%) 19.6% PAT: Rs 388 crore, change 10%, compared to Q2FY24. Other Highlights: Parachute Rigids registered 4% volume growth, after absorbing the impact of ml-age reduction in one of the key price-point packs implemented in lieu of a price increase. Volume offtakes grew in high single digits, resulting in ~120 bps gain in market share on MAT basis. Value-Added Hair Oils declined 8% YoY in value terms amidst persistent sluggishness and competitive headwinds in the bottom of the pyramid segment. The franchise gained ~110 bps in value market share during the quarter, as mid and premium segments of the franchise fared relatively better. Saffola Edible Oils delivered flattish volumes, while revenues grew 2% YoY after the pricing cycle for the brand turned slightly favorable after 8 quarters. Foods posted robust 28% value growth YoY and crossed Rs 1,000 crore. in ARR in Q2. Saffola Oats delivered mid teen growth, while the relatively newer franchises also fared healthily. Premium Personal Care continued its strong run during the quarter, led by the Digital-first portfolio. he composite revenue share of Foods and Premium Personal Care (including Digital-first brands) in the domestic business moved up to ~21% in H1. The EBITDA margin of the domestic business was at 20.1%, down ~150 bps YoY, and that of the International business was at 27.0%, up ~190 bps YoY. Saugata Gupta, MD & CEO, said, “We closed the first half of the fiscal on a fairly positive note with the growth trajectory of the business heading in the right direction. We have delivered healthy volume-led revenue growth in the domestic business buoyed by sustained market share and penetration gains across core portfolios. Foods and Digital-first brands continued to ramp up impressively and reinforce the diversification agenda. The international business has exhibited remarkable strength despite challenging operating conditions in select markets. We will take calibrated pricing actions in response to the rising trend in input costs, while focusing on achieving our stated growth aspirations for the year.” Result PDF29-10-2024
MARICO LTD. - 531642 - Appointment Of Lead Independent Director
Please find enclosed an intimation regarding appointment of Lead Independent Director.29-10-2024
MARICO LTD. - 531642 - Information Update For The Quarter And Half Year Ended September 30, 2024
Please find enclosed Information update for the quarter and half year ended September 30, 2024.29-10-2024
MARICO LTD. - 531642 - Board Meeting Outcome for Approval Of Un-Audited Standalone And Consolidated Financial Results Of Marico Limited For The Quarter And Half Year Ended September 30, 2024
Please find enclosed outcome of the Board meeting held on October 29, 2024.29-10-2024
MARICO LTD. - 531642 - Un-Audited Standalone And Consolidated Financial Results Of Marico Limited For The Quarter And Half Year Ended September 30, 2024
Please find enclosed un-audited standalone and consolidated financial results of Marico Limited for the quarter and half year ended September 30, 2024.29-10-2024