Marico Q1Net Profit Falls 12% to .₹ 236 cr

The Economic Times - - Companies: Pursuit Of Profit -

FMCG player Marico on Tues­day re­ported a 11.9% de­cline in its consolidated net profit to .₹ 235.9 crore for the first quar­ter ended June 30, on ac­count of re­duc­tion in sales due to tran­si­tion into GST, Marico said in a BSE fil­ing. To­tal in­come from op­er­a­tions dur­ing the quar­ter un­der re­view stood at .₹ 1,715.3 crore against .₹ 1,781.8 crore in the April-June quar­ter of 2016-17, down 3.7%.

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