India's Marico beats profit view on steady demand for packaged oil

Marico

04/08/2025 09:29

Aug 4 (Reuters) - Indian consumer goods maker Marico MRCO.NS reported a first-quarter profit on Monday that was above analysts' expectations, benefiting from steady demand for its cooking oil.

It reported a consolidated net profit rose of 5.04 billion rupees ($57.51 million) in the April-June quarter, while analysts expected 4.86 billion rupees, according to data compiled by LSEG.

($1 = 87.6440 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru; Editing by Sonia Cheema)

 ((Ananta.agarwal@thomsonreuters.com;))