Marico's Q1 results showcase strong growth and profitability in FMCG industry

Marico, a leading FMCG company, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with a significant improvement in its score from 2 to 11 in the last 3 months. This is a clear indication of the company's growth and success in the FMCG industry.

One of the key factors contributing to Marico's success is its strong operating cash flow. The company has recorded the highest operating cash flow of Rs 1,436.00 crore annually and has shown consistent growth in the last three years. This reflects the company's ability to generate higher revenues from its business operations.

In terms of net sales, Marico has achieved its highest quarterly sales of Rs 2,643.00 crore in the last five quarters. This shows a positive trend in the company's sales performance in the near term. Similarly, the company's operating profit (PBDIT) has also reached its highest at Rs 626.00 crore in the last five quarters, indicating a positive trend in its profitability.

Marico has also shown an improvement in its operating profit margin, with the highest margin of 23.69% in the last five quarters. This reflects the company's efficiency in managing its operations and costs.

Furthermore, the company's profit before tax (PBT) has also reached its highest at Rs 568.00 crore in the last five quarters, with a positive trend in the near term. Similarly, the profit after tax (PAT) has also shown a positive trend, with the highest quarterly profit of Rs 464.00 crore in the last five quarters.

Marico's earnings per share (EPS) have also increased, with the highest at Rs 3.60 in the last five quarters. This indicates the company's ability to create higher earnings for its shareholders.

Overall, Marico's financial results for the quarter ending June 2024 have been impressive, with positive trends in key financial indicators. This showcases the company's strong performance and growth in the FMCG industry, making it a promising investment option for investors. MarketsMOJO has also given a 'Buy' call for Marico's stock, further reinforcing its potential for growth and success in the future.