Personal care and beauty services provider Marico Kaya Enterprises on Friday said its net profit skyrocketed by 800 percent to Rs 12.1 crore at the end of current fiscal's third quarter ending December 31, 2014, against Rs 1.5 crore in the same period last year.
Personal care and beauty services provider Marico Kaya Enterprises on Friday said its net profit skyrocketed by 800 percent to Rs 12.1 crore at the end of current fiscal's third quarter ending December 31, 2014, against Rs 1.5 crore in the same period last year.
"The business has turned around and we have been doing well in both the geographies including India and Middle East," Marico Kaya chief executive officer, S Subramanian, said.
It posted consolidated revenue from operations of Rs 85.4 crore for the reporting period, showing a growth of 22 percent over corresponding quarter a year ago.
Domestic business recorded a net revenue growth of 18 per cent with same store growth (SSG) of 15 per cent and international business delivered overall growth of 27 percent with SSG at the rate of constant currency of 21 percent, respectively, he said.
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