Even after the increase in the price of parachute oil and ending the offers, there was a 29 per cent increase in the volume.
Marico’s profit in the fourth quarter increased 14 percent year-on-year to Rs 227 crore.
New Delhi. The fourth quarter results of the companies have started coming. On Friday, Marico, which produces Parachute Oil, reported the fourth quarter results to the stock markets. In the fourth quarter of the financial year 2020-21 i.e. January-March 21, Marico’s profit grew by 14.1 per cent year-on-year to Rs 227 crore. This was better than analysts’ estimates of 220 crore rupees. The company has said that there has been a 29 per cent increase in the volume of parachute oil. In view of the increased cost, there has been an increase in the volume of this product, despite the withdrawal of offers and increase in price on this product. The volume of the company’s food portfolio has also increased in the fourth quarter. The turnover of this segment has crossed Rs 300 crore in FY 2021. ALSO READ: JOB TALK: Due to technology, there is a lot of jobs in these places, know everything The company’s revenue in the fourth quarter stood at Rs 2,012 crore.The company had a profit of Rs 199 crore in the fourth quarter of last year. At the same time, the company’s revenue in the fourth quarter was Rs 2,012 crore, which was estimated to be Rs 1820 crore. Whereas in the fourth quarter of last year, the company’s income was Rs 1,496 crore. Also read: Better performance of new skills in interview will guarantee job, know such important mantra EBITDA of the company is Rs. 319 crores
The company’s EBITDA stood at Rs 319 crore in the fourth quarter. While it was estimated to be at 320 crores rupees. At the same time, the company’s EBITDA stood at Rs 282 crore in the fourth quarter of last year. The company’s EBITDA margin stood at 15.9 per cent in the fourth quarter. Whereas it was estimated to be at 17.5 percent. The company incurred a lump-sum loss of Rs 19 crore in Q4. The company’s volume growth in the fourth quarter has been 25 per cent year-on-year. During this period, the company’s volume growth was estimated at 16–18 per cent on an annual basis. Also Read: Job Ki Baat: Work From Home Due To Wellness Officer Or Employee Experience And Communication Demand For New Jobs