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30-Oct-2023

Marico

OPM jumped 272 bps

'For the quarter ending Sept 2023, consolidated Net sales (including other operating income) of Marico has declined 0.80% to Rs 2476 crore compared to quarter ended Sept 2022.  Sales of India segment has gone down 3.38% to Rs 1,832.00 crore (accounting for 73.99% of total sales).  Sales of International segment has gone up 7.33% to Rs 644.00 crore (accounting for 26.01% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 15.35% to Rs 526.00 crore.  PBIT of India segment rose 14.29% to Rs 376.00 crore (accounting for 71.48% of total PBIT).  PBIT of International segment rose 18.11% to Rs 150.00 crore (accounting for 28.52% of total PBIT).  

PBIT margin of India segment rose from 17.35% to 20.52%.  PBIT margin of International segment rose from 21.17% to 23.29%.  Overall PBIT margin rose from 18.27% to 21.24%.  

Operating profit margin ...



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