Marico Ltd's Q3FY25 Quarter Results
- 2d ago
Result Summary
- Marico Ltd reported a 3.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 15.1%.
- Its expenses for the quarter were up by 5.7% QoQ and 17.7% YoY.
- The net profit decreased 6.2% QoQ and increased 5.2% YoY.
- The earnings per share (EPS) of Marico Ltd stood at 3.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2836.00 | 2746.00 | 2465.00 | 3.3% | 15.1% |
Total Expenses | 2318.00 | 2194.00 | 1970.00 | 5.7% | 17.7% |
Profit Before Tax | 518.00 | 552.00 | 495.00 | -6.2% | 4.6% |
Tax | 112.00 | 119.00 | 109.00 | -5.9% | 2.8% |
Profit After Tax | 406.00 | 433.00 | 386.00 | -6.2% | 5.2% |
Earnings Per Share | 3.10 | 3.30 | 3.00 | -6.1% | 3.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Marico Ltd is a prominent consumer goods company primarily involved in the production and marketing of health, beauty, and wellness products. The company operates in the fast-moving consumer goods (FMCG) sector, offering a range of products including edible oils, hair care, skin care, and fabric care items. Marico has a significant presence in India and various international markets. The company's key brands include Parachute, Saffola, Nihar, and Set Wet, among others. Known for its strong brand identity and market leadership in several categories, Marico has consistently focused on innovation and expanding its product portfolio. Recent developments include efforts to enhance product offerings through natural and organic ingredients, adhering to evolving consumer preferences for healthier lifestyle choices.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Marico Ltd reported a total income of ₹2,836 crore, reflecting a quarter-over-quarter (QoQ) increase of 3.3% from ₹2,746 crore in Q2FY25, and a year-over-year (YoY) growth of 15.1% compared to ₹2,465 crore in Q3FY24. This growth in total income indicates an upward trajectory in the company's revenue generation over both the quarterly and annual periods. The increase in revenue can be attributed to various factors including possibly enhanced sales volume, successful marketing strategies, or expansion in market share. However, detailed information regarding the specific drivers of this revenue growth is not available from the data provided.
Profitability
Marico Ltd's profitability in Q3FY25 shows a mixed performance. The company recorded a profit before tax (PBT) of ₹518 crore, which marks a decline of 6.2% QoQ from ₹552 crore in Q2FY25, while reflecting a YoY increase of 4.6% compared to ₹495 crore in Q3FY24. The tax expenses for the quarter were ₹112 crore, slightly lower than the preceding quarter's ₹119 crore, and marginally up from ₹109 crore in the same quarter last year. Consequently, the profit after tax (PAT) for Q3FY25 stands at ₹406 crore, down by 6.2% QoQ from ₹433 crore in Q2FY25, yet up by 5.2% YoY from ₹386 crore in Q3FY24. Despite the overall growth in revenue, the decline in quarterly profitability suggests increased expenses or other cost-related challenges during the period.
Operating Metrics
The analysis of Marico Ltd's operating metrics reveals an increase in total expenses in Q3FY25 to ₹2,318 crore, representing a 5.7% QoQ rise from ₹2,194 crore in Q2FY25, and a 17.7% YoY rise from ₹1,970 crore in Q3FY24. This increase in expenses surpasses the revenue growth rate on a quarterly basis, which could have impacted profitability. The company's Earnings Per Share (EPS) for Q3FY25 is ₹3.10, showing a decline of 6.1% QoQ from ₹3.30 in Q2FY25, but an increase of 3.3% YoY from ₹3.00 in Q3FY24. The observed trends in expenses and EPS indicate fluctuations in operational efficiency or strategic investments during the quarter. The data does not provide specific details on cost components, which could further elucidate these trends.
