Marico Bangladesh's profit rises 7% in Oct-Dec

Marico Bangladesh Ltd, a leading consumer goods company, saw its earnings grow in the October-December quarter of the 2025-26 fiscal year, driven by higher revenue.

The company recorded a 7 percent year-on-year increase in profit to Tk 149.83 crore during the quarter, according to its financial statements.

Its earnings per share rose to Tk 47.57 for the quarter, up from Tk 44.34 in the same period a year earlier.

The company attributed the improvement to higher revenue and optimisation of operating expenses during the third quarter.

Headquartered in Mumbai, the company maintains April to March as its financial year, in line with Marico Ltd, its parent company, which owns 90 percent of its shares.

For the nine-month period from April to December 2025, net operating cash flow per share stood at Tk 109.79, compared with Tk 88.35 in the corresponding period of the previous fiscal year.

Marico said the rise was driven mainly by stronger collections from customers.

The seller of the popular hair care oil brand Parachute declared an interim cash dividend of 475 percent, equivalent to Tk 47.50 per share with a face value of Tk 10.

Sponsors and directors held 90 percent of Marico Bangladesh as of December 31, 2025, according to the latest Dhaka Stock Exchange data.

Institutional investors owned a 6.28 percent stake, while foreign and general investors held 1.89 percent and 1.83 percent, respectively.

The company started commercial operations in 2000, began production at its filling, crushing, and refinery units in 2002, and expanded capacity in 2012 and 2017 at its Gazipur manufacturing facility.

It has recently invested in a new plant in the National Special Economic Zone at Mirsharai, Chattogram.