Marico profit rises 18%

Marico has posted 18 per cent increase in net profit from ₹135 crore to ₹160 crore for the third quarter. Revenues increased by 21 per cent at ₹1,452 crore from ₹1,201 crore during the quarter. The top line was driven by volume growth of 5 per cent. The domestic business recorded a growth of 26 per cent, while the international business posted a growth of 6 per cent. It declared a second interim dividend of 150 per cent (₹1.5 per share).