Marico limited share price jumped 10% in early trade hours on May 7, after the fourth quarter (Q4) results release, as per its regulatory filing on May 6. 

The Fast moving consumer goods (FMCG) major Marico reported a consolidated net profit (profit after tax) of Rs 320 crore in the fourth quarter of financial year (FY) 2024, from Rs 305 crore, in the previous year, marking a growth of 4.9%.

The company’s revenue from operations in the same quarter rose 1.69% YoY to Rs 2,278 crore from Rs 2,240 crore in the corresponding quarter last year, with underlying volume growth of 3% in the domestic business and constant currency growth of 10% in the international business. 

In addition, Earnings before interest, tax, depreciation, and amortisation (EBITDA) during the quarter rose 12.5% to Rs 442 crore from Rs 392 crore in the corresponding quarter last year, while the EBITDA margin expanded by 190 basis points to 19.4%. 

Marico’s portfolio of brands includes Parachute, Saffola, Saffola FITTIFY, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs, True Elements, and Plix. 

The company touches the lives of one out of every three Indians. 

The international consumer products portfolio contributes to about 26% of the group’s revenue with brands like Parachute, Parachute Advansed, HairCode, Fiancée, Purité de Prôvence, Ôliv, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat, and Isoplus. 

Marico recorded a turnover of Rs 96.5 billion (USD 1.2 billion) through its products sold in India and chosen markets in Asia and Africa during FY23-24. 

The company’s Green Initiative aims to contribute to saving the environment by sending its shareholders the Annual Report and other communication using the electronic medium.

At 11:41 am, Marico shares were trading 9.32% higher at Rs 579.75 on NSE.