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Marico (NSE:MARICO) Gross Profit : ₹32,210 Mil (TTM As of Dec. 2023)


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What is Marico Gross Profit?

Marico's gross profit for the three months ended in Dec. 2023 was ₹12,420 Mil. Marico's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹32,210 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Marico's gross profit for the three months ended in Dec. 2023 was ₹12,420 Mil. Marico's Revenue for the three months ended in Dec. 2023 was ₹24,220 Mil. Therefore, Marico's Gross Margin % for the quarter that ended in Dec. 2023 was 51.28%.

Marico had a gross margin of 51.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Marico was 51.74%. The lowest was 39.64%. And the median was 43.97%.


Marico Gross Profit Historical Data

The historical data trend for Marico's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marico Gross Profit Chart

Marico Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29,830.00 32,350.00 34,630.00 37,470.00 40,800.00

Marico Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,890.00 11,100.00 7,290.00 12,500.00 12,420.00

Competitive Comparison of Marico's Gross Profit

For the Household & Personal Products subindustry, Marico's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marico's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico's Gross Profit distribution charts can be found below:

* The bar in red indicates where Marico's Gross Profit falls into.



Marico Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Marico's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=96890 - 56090
=40,800

Marico's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=24220 - 11800
=12,420

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹32,210 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Marico's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=12,420 / 24220
=51.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Marico  (NSE:MARICO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Marico had a gross margin of 51.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Marico Gross Profit Related Terms

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Marico (NSE:MARICO) Business Description

Traded in Other Exchanges
Address
175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Marico Ltd is an Indian beauty and wellness products company. The company is present in emerging markets across Asia and Africa. The cosmetic product categories are hair care, male grooming, skin care, edible oils, health foods, and fabric care. Locally, Marico sells under brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Internationally, the company offers the following brands: Parachute, HairCode, Hercules, Black Chic, Code 10, Fiancee, Caivil, Ingwe, X-Men, and Thuan Phat.

Marico (NSE:MARICO) Headlines

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