Marico (MARICO) — Financial Results

Marico Limited reported Q2 FY26 results with India business achieving 7% volume growth despite September GST disruptions. Food portfolio crossed ₹1,100 crore ARR with 12% growth, while digital-first brands reached ₹1,000+ crore revenue. VAHO (value-added hair oils) gained 150 bps market share with 16% growth. Parachute faced 60% copra price inflation YoY. Management targets ~25% consolidated revenue growth for FY26 and expects 200+ bps operating margin improvement in FY27 as commodity costs ease. Digital brands targeting double-digit EBITDA margins by FY27.

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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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