Marico (MARICO) — Financial Results

Marico reported consolidated revenue growth in the thirties (YoY) for Q2 FY26, driven by pricing interventions and mix improvement. India business showed high single-digit underlying volume growth, though sequentially moderating. Parachute absorbed unprecedented hyperinflationary input costs with effective price hikes exceeding 60% YoY, remaining flattish in volume after ml-age adjustments. International business delivered twenties constant currency growth, with Bangladesh and MENA outperforming. Gross margins face incremental pressure from elevated copra and vegetable oil prices, expected to ease H2. Operating profit growth anticipated to be modest despite sustained brand investments.

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About Marico Limited (MARICO)

Fast Moving Consumer Goods · Agricultural Food & other Products · Listed on NSE

Market Cap: ₹1,09,206.85 Cr P/E: 67.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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