Marico Q2 net up 14 pc at Rs 71.56 crore

During the period,the company recorded a 12.5 per cent growth in sales to Rs 778.76 crore in the September quarter from Rs 692.20 crore in the corresponding quarter of the previous fiscal.

“The volume growth underlying this revenue growth was healthy,at 15 per cent,” the company said.

The company,which sells hair oil brands like ‘Parachute’ and ‘Nihar’,said it had hiked prices of some of its products during the latter part of the second quarter.

“The full impact of these price increases will flow in from Q3,FY’11,leading to an inflationary impact on the top-line,” it said.