Marico Shares Surge 8 Percent After Q2 Net Profit Jumps 31 Percent

Marico shares surged over 8 percent to an intraday high of ₹865 following a strong September-quarter financial performance.

The company reported a 31 percent year-on-year increase in consolidated net profit to ₹550 crore, supported by a 12 percent growth in revenue to ₹3,897 crore.

Marico achieved 10 percent underlying volume growth in its domestic business and 13 percent constant currency growth internationally.