Marico Q4 results: Consolidated PAT up 19% to ₹305 crore, single-digit revenue growth
Marico sees healthy upside in Q4 consolidated PAT on year-on-year basis, however, sequentially the performance was lower. Revenue saw a single-digit growth YoY in the quarter.
FMCG major, Marico witnessed a mixed performance in the fourth quarter of FY23. Although, the company posted a growth of 18.67% YoY in consolidated PAT for Q4FY23, sequentially the performance was a decline of 8.41%. A similar performance was seen in revenue from operations, however, the year-on-year growth was at a single-digit. The company's margins improved furthermore in the quarter. Marico expects the upside trend in its key verticals to continue in FY24.
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