Marico makes nearly Tk 300 crore profit in nine months

January 24, 2023

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Marico Bangladesh Limited’s profit rose more than 13 per cent year-on-year to Tk 97.43 crore in the October-December quarter.

The profit stood at Tk 86.15 crore in the identical period a year earlier.

The fast-moving consumer goods multinational company, whose financial year begins on April 1, reported earnings per share (EPS) of Tk 30.93 for October-December against Tk 27.35 in the same quarter the previous financial year, according to the financial statements.

Marico Bangladesh made a profit of Tk 297.52 crore in the April-December period, an increase of 4.85 per cent from Tk 283.75 crore it took home in the same period a year ago.

Thus, the EPS rose to Tk 94.45 in April-December of 2022-23 from Tk 90.08 in 2021-22.

The net operating cash flow per share of the manufacturer of Parachute-branded coconut oil jumped to Tk 123.01 from Tk 101.75 during the period.

The net asset value per share rose to Tk 84.81 on December 31 in 2022 from Tk 82.04 on December 31 in 2021.

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