Marico_up_6.10pc

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Marico has gained 6.10% to the Rs 162.75 after reporting better-than-expected results.

Marico reported a consolidated net profit of Rs 84.11 crore for the third quarter ended December 31, 2011. The company had posted a net profit of Rs 69.52 crore in the corresponding period of previous fiscal. Net sales of the company rose to Rs 1,057.81 crore for the third quarter ended December 31, 2011. It stood at Rs 817.73 crore in the same period previous fiscal.