Marico Q4 Results: Profit rises 8% to ₹343 crore, volume growth beats estimates; dividend declared
Marico, a leading player in India's consumer products sector with a focus on hair and wellness, announced its March quarter results post-market hours today, May 02, reporting a mixed performance. The company reported volume growth of 7% in its India business, which was higher than analyst estimates of 5–6%.
It also reported constant currency growth of 16% in the international business. Consolidated and India revenue growth, as well as underlying volume growth in the India business, stood at a 14-quarter high, as per the company's earnings filing.
The company stated that its India business continued to deliver sequential improvement in volume growth during the quarter. It witnessed the transient impact of hyperinflation and resultant steep price increases in core portfolios but maintained robust momentum in its new businesses.
Offtakes remained strong, with 95% of the business gaining or sustaining market share and 80% gaining or sustaining penetration, both on a MAT basis. India's revenues stood at ₹ 2,068 crore, up 23% YoY, aided by price hikes in core portfolios in response to elevated input costs.
The international business delivered another stellar quarter and closed ahead of the company's internal targets. However, gross margin contracted by 300 basis points YoY, primarily due to the rise in copra and vegetable oil prices, which was partly offset by pricing interventions in key portfolios.
A&P spends were up 35% YoY in Q4 (and up 18% in FY25), in line with the company's strategic intent to continually strengthen its franchises and accelerate diversification. Consequently, EBITDA rose 4% to ₹ 458 crore, with EBITDA margin at 16.8%, down 260 basis points. Net profit increased 8% YoY to ₹ 343 crore.
For FY25, revenue from operations stood at ₹ 10,831 crore, up 12% YoY, with underlying volume growth of 5% in the India business and constant currency growth of 14% in the international business. Profit for FY25 stood at ₹ 1,629 crore, marking a 10% YoY increase.
At its meeting held on May 02, 2025, the Board of Directors recommended a final dividend of ₹ 7 per equity share of ₹ 1 each on its paid-up equity share capital of approximately ₹ 129.5 crore.
Marico expects gradually improving growth trends in the core categories of its India business, supported by moderating retail and food inflation and the forecast of a healthy monsoon season.
The company believes this will be further aided by its ongoing initiatives to support select General Trade (GT) channel partners and the transformative expansion of its direct reach footprint under Project SETU.
Marico also said it continues to draw confidence from healthy offtakes, penetration, and market share gains in its key portfolios. It further stated that it remains focused on driving differential growth in its urban-centric and premium portfolios through organized retail and e-commerce channels.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
7 hours ago
- News18
This Small-Cap Retail Stock Plunged 74% On Monday, What Triggered The Nosedive?
V-Mart Share Price: V-Mart Retail shares adjusted by 74 per cent on Monday following a bonus issue in the ratio of 3:1. The price dropped to Rs 921.90 per share from Rs 3,558 per share. This price adjustment occurs when the number of a company's shares increases due to bonus, split, or rights issues, aligning with the new price. As a result, the value of investors' holdings remains unchanged, but the number of shares they hold increases. Founded in 2002, V-Mart is an omni retail store chain for the complete family, offering fashion apparel, footwear, home furnishings, general merchandise and Kirana. Primarily focusing on Tier II and Ill cities, V-Mart is present pan-India with an average store advetisement size of 8,000 sq. ft. It follows the concept of 'value retailing' by fulfilling the growing aspiration of the rapidly expanding middle class for affordable, high-quality fashion. V-Mart Retail Bonus Issue 2025 The Board of Directors in its meeting held on May 02, 2025 has approved, subject to shareholder approval, the issue of 3 fully paid bonus equity shares for every 1 fully paid equity share of face value Rs 10. The Board of Directors has fixed Monday, June 23, 2025 as the Record Date for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company. The bonus issue aims to make stocks cheaper for retail investors and so increase the liquidity. V-Mart Q4 FY25 Results The company posted a 17% year-on-year (YoY) growth in revenue from operations, reaching Rs 3,254 crore in FY25 compared to Rs 2,786 crore in FY24. EBITDA rose sharply by 77% to Rs 377 crore from Rs 213 crore in the previous year, showcasing improved operational efficiency. The company also turned profitable, reporting a net profit of Rs 46 crore in FY25 as against a loss of Rs 97 crore in FY24. For the fourth quarter, V-Mart recorded revenue of Rs 780 crore, up 17% YoY from Rs 669 crore in Q4 FY24. EBITDA for the quarter surged 70% to Rs 68 crore from Rs 40 crore, while net profit stood at Rs 19 crore, a notable recovery from a loss of Rs 39 crore in the same quarter last year. The Company remains focused on its store expansion plan, opening 13 new stores and closing 4 stores during the quarter. For the full year FY25, it added 62 new stores and closed 9.
Economic Times
10 hours ago
- Economic Times
Vedanta, Polycab dividend window closes today. Last chance to buy for eligibility
What is a record date? Live Events Vedanta dividend details Polycab India dividend details Other dividend payouts (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The shares of Anil Agarwal-led Vedanta and wires & cables manufacturer Polycab India will start trading on an ex-dividend basis from Tuesday, as these companies had fixed June 24 as the record date for determining the shareholder had declared its first interim dividend for FY26 of Rs 7 per share, while Polycab India had announced a final dividend of Rs 35 per share for their eligible record date for a dividend is the cut-off date set by a company to determine which shareholders are eligible to receive the declared dividend. Only those who are listed as shareholders in the company's books at the end of the record date are entitled to receive the means that if you want to receive the dividend, you must purchase the shares at least one trading day before the ex-dividend date, because India follows the T+1 settlement cycle (trades take one day to settle).The Board of Directors of Vedanta, in a meeting held earlier last week, approved the first interim dividend for the financial year 2025–26. The dividend amount is Rs 7 per equity share, and each share has a face value of Re means that for every share you own, you'll receive Rs 7 as a dividend. The total payout to all eligible shareholders amounts to approximately Rs 2,737 crore.'In continuation to our Letter No. VEDL/Sec./SE/25-26/45 dated June 13, 2025 and pursuant to Regulation 30 of SEBI Listing Regulations, we wish to inform you that the Board of Directors of Vedanta Limited (the 'Company'), at its meeting held today i.e. Wednesday, June 18, 2025, has considered and approved the First Interim Dividend of Rs 7/- per equity share on face value of Rs 1/- per equity share for the Financial Year 2025-26 amounting to c. Rs 2,737 Crores,' said Vedanta in a regulatory the last 12 months, Vedanta has announced a total equity dividend of Rs 32.50 per share. Based on a share price of Rs 447.10, this translates to a dividend yield of 7.27%, according to Trendlyne Friday, Vedanta shares closed 1.7% higher at Rs 446.95 on the board of Polycab India recommended a final dividend of Rs 35 per share, which is 350% of the face value (Rs 10) of each equity share for the financial year 2024–25. Only shareholders who meet the conditions by the end of business on Tuesday, June 24, (the Record Date) will be eligible to receive the dividend.'The Dividend of Rs 35/- (350%) per equity share of face value of Rs 10/- each, as recommended by the Board of Directors for the financial year 2024-25, if approved at the 29 th AGM, would be paid subject to deduction of tax at source, as may be applicable, after July 01, 2025, to those persons or their mandates: a) whose names appear as Beneficial Owners as at the end of the business hours on Tuesday, June 24, 2025 (Record date) in the list of Beneficial Owners to be furnished by National Securities Depository Limited and Central Depository Services (India) Limited in respect of the shares held in electronic form,' the company said in a filing to the stock to Trendlyne data, over the last 12 months, Polycab India has declared a total equity dividend of Rs 30 per share. Based on the market price of Rs 6,000.50, this results in a dividend yield of 0.50%.Polyab India shares ended 3% higher at Rs 6,000.20 on the BSE on than Vedanta and Polycab India, the shares of Alkyl Amines Chemicals will also start trading ex-dividend from company had announced a final dividend of Rs 10 per share for its shareholders.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
10 hours ago
- Time of India
Vedanta, Polycab dividend window closes today. Last chance to buy for eligibility
The shares of Anil Agarwal-led Vedanta and wires & cables manufacturer Polycab India will start trading on an ex-dividend basis from Tuesday, as these companies had fixed June 24 as the record date for determining the shareholder eligibility. Vedanta had declared its first interim dividend for FY26 of Rs 7 per share, while Polycab India had announced a final dividend of Rs 35 per share for their eligible shareholders. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo What is a record date? The record date for a dividend is the cut-off date set by a company to determine which shareholders are eligible to receive the declared dividend. Only those who are listed as shareholders in the company's books at the end of the record date are entitled to receive the payout. This means that if you want to receive the dividend, you must purchase the shares at least one trading day before the ex-dividend date, because India follows the T+1 settlement cycle (trades take one day to settle). Live Events Vedanta dividend details The Board of Directors of Vedanta, in a meeting held earlier last week, approved the first interim dividend for the financial year 2025–26. The dividend amount is Rs 7 per equity share, and each share has a face value of Re 1. This means that for every share you own, you'll receive Rs 7 as a dividend. The total payout to all eligible shareholders amounts to approximately Rs 2,737 crore. 'In continuation to our Letter No. VEDL/Sec./SE/25-26/45 dated June 13, 2025 and pursuant to Regulation 30 of SEBI Listing Regulations, we wish to inform you that the Board of Directors of Vedanta Limited (the 'Company'), at its meeting held today i.e. Wednesday, June 18, 2025, has considered and approved the First Interim Dividend of Rs 7/- per equity share on face value of Rs 1/- per equity share for the Financial Year 2025-26 amounting to c. Rs 2,737 Crores,' said Vedanta in a regulatory filing. Over the last 12 months, Vedanta has announced a total equity dividend of Rs 32.50 per share. Based on a share price of Rs 447.10, this translates to a dividend yield of 7.27%, according to Trendlyne data. On Friday, Vedanta shares closed 1.7% higher at Rs 446.95 on the BSE. Polycab India dividend details The board of Polycab India recommended a final dividend of Rs 35 per share, which is 350% of the face value (Rs 10) of each equity share for the financial year 2024–25. Only shareholders who meet the conditions by the end of business on Tuesday, June 24, (the Record Date) will be eligible to receive the dividend. 'The Dividend of Rs 35/- (350%) per equity share of face value of Rs 10/- each, as recommended by the Board of Directors for the financial year 2024-25, if approved at the 29 th AGM, would be paid subject to deduction of tax at source, as may be applicable, after July 01, 2025, to those persons or their mandates: a) whose names appear as Beneficial Owners as at the end of the business hours on Tuesday, June 24, 2025 (Record date) in the list of Beneficial Owners to be furnished by National Securities Depository Limited and Central Depository Services (India) Limited in respect of the shares held in electronic form,' the company said in a filing to the stock exchanges. According to Trendlyne data, over the last 12 months, Polycab India has declared a total equity dividend of Rs 30 per share. Based on the market price of Rs 6,000.50, this results in a dividend yield of 0.50%. Polyab India shares ended 3% higher at Rs 6,000.20 on the BSE on Friday. Other dividend payouts Other than Vedanta and Polycab India, the shares of Alkyl Amines Chemicals will also start trading ex-dividend from Tuesday. The company had announced a final dividend of Rs 10 per share for its shareholders. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
