Jammu, May 7 -- Marico Ltd, a leading fast-moving consumer goods company, saw its share prices see significant upward movement on domestic stock markets following the release of its results for the fourth quarter of the financial year. The company's stock jumped close to 10% on both the BSE and NSE exchanges on the back of better-than-expected quarterly performance.

Consolidated net profit for the January to March period rose around 5% year-on-year to Rs.320 crore. Total revenue during the quarter held steady at Rs.2,278 crore, keeping it on par with levels observed in the corresponding period of the previous year. Costs were also marginally lower, thereby aiding bottom line growth.

Domestic sales volumes continued to trend higher durin...