MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, copy of transcript of the earnings conference call held on Monday, October 30, 2023 on the un-audited financial results and operations of the Company for the quarter and half year ended September 30, 2023, is enclosed. The said transcript is also available on the website of the Company.
Buy Marico; target of Rs 650: ICICI Securities
ICICI Securities is bullish on Marico recommended buy rating on the stock with a target price of Rs 650 in its research report dated October 31, 2023.
Hold Marico; target of Rs 556: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on Marico with a target price of Rs 556 in its research report dated October 30, 2023. MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI Listing Regulations, please find enclosed newspaper extract of the un-audited consolidated financial results of the Company for the quarter and half year ended September 30, 2023, approved by the Board of Directors at its meeting held on October 30, 2023 and published in the Financial Express and Free Press Journal (English Daily) and Navshakti (Marathi Daily) today i.e. on October 31, 2023. MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of earnings conference call held on Monday, October 30, 2023 on the un-audited financial results and operations of the Company for the quarter and half year ended September 30, 2023, is available on the Company's website.
Marico Ltd. Results Earnings Call for Q2FY24
Conference Call with Marico Ltd. Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Marico Ltd.
Personal Products company Marico announced Q2FY24 & H1FY24 results: Q2FY24: Revenue from Operations: Rs 2,476 crore (1% decrease YoY) EBITDA: Rs 497 crore (15% increase YoY) EBITDA Margin: 20.1% (Up 272 bps YoY) Profit After Tax (excl. one-offs): Rs 353 crore (17% increase YoY) Domestic Volume Growth: 3% International Business (% CCG): 13% H1FY24: Revenue from Operations: Rs 4,953 crore (2% decrease YoY) EBITDA: Rs 1,071 crore (12% increase YoY) EBITDA Margin: 21.6% (Up 263 bps YoY) Profit After Tax (excl. one-offs): Rs 769 crore (14% increase YoY) Domestic Volume Growth: 3% International Business (% CCG): 11% Saugata Gupta, MD & CEO, commented, “The domestic and overseas businesses have delivered a fairly resilient performance amidst a challenging operating environment in the first half of the fiscal. We have made substantial progress towards achieving the diversification objective set for the year with Foods and Digital-First portfolios scaling up on expected lines. We are also on-course to deliver robust gross and operating margin expansion this year, even while ramping up brand building investments to strengthen the equity of our franchises. We continue to hold the aspiration of exhibiting an improvement across key performance parameters on a full year basis.” Result PDF MARICO LTD. - 531642 - Information Update For The Quarter And Half Year Ended September 30, 2023
Please find attached Information Update for the quarter and half year ended September 30, 2023. MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Dividend Updates
This is to inform you that the Board of Directors of the Company has at its meeting held today i.e. October 30, 2023, inter-alia declared Interim Equity Dividend for the Financial Year 2023-2024 of Rs. 3.00 per equity share of Re. 1 each. MARICO LTD. - 531642 - Corporate Action-Board approves Dividend
This is to inform you that the Board of Directors of the Company has at its meeting held today i.e. October 30, 2023 inter-alia declared Interim Equity Dividend for the Financial Year 2023-2024 of Rs. 3.00 per equity share of Re. 1 each.