Marico Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
October 28, 2021 at 04:58 am EDT
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Marico Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 24,190 million compared to INR 19,890 million a year ago. Revenue was INR 24,440 million compared to INR 20,160 million a year ago. Net income was INR 3,090 million compared to INR 2,640 million a year ago. Basic earnings per share from continuing operations was INR 2.39 compared to INR 2.05 a year ago. Diluted earnings per share from continuing operations was INR 2.39 compared to INR 2.05 a year ago.
For the six months, sales was INR 49,440 million compared to INR 39,140 million a year ago. Revenue was INR 49,960 million compared to INR 39,600 million a year ago. Net income was INR 6,650 million compared to INR 6,450 million a year ago. Basic earnings per share from continuing operations was INR 5.15 compared to INR 5 a year ago. Diluted earnings per share from continuing operations was INR 5.15 compared to INR 4.99 a year ago.
Marico Limited is an India-based consumer goods company operating in the global beauty and wellness categories. The Company operates in product categories, such as coconut oil, refined edible oils, value added hair oils, leave-in hair conditioners, male grooming and packaged foods, among others. Its portfolio of brands includes Parachute, Saffola, Saffola FITTIFY, Nihar Naturals, Parachute Advansed, Hair & Care, Livon, Set Wet, Mediker, Revive, Beardo, Just Herbs, Coco Soul, Pure Sense and True Elements. The Company's international product portfolio includes brands, such as Parachute, Parachute Advansed, HairCode, Fiancee, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Mediker SafeLife, Thuan Phat, Isoplus, Purite De Provence and Oliv. The Company is present in approximately 50 countries and operates seven factories in India, located at Puducherry, Perundurai, Jalgaon, Guwahati, Baddi and Sanand. Its subsidiaries include MBL Industries Limited and Marico Middle East FZE.
MARICO LIMITED 
