Marico reported robust quarterly performance with double-digit profit and revenue growth, driven by steady domestic volumes and strong international expansion, while announcing a dividend and FY27 growth
Marico reported an 18.26 per cent year-on-year rise in consolidated net profit to Rs 408 crore for the quarter ended 31 March 2026, supported by steady volume growth in its domestic business. The company had posted a net profit of Rs 345 crore in the corresponding quarter last year.
Revenue from operations for the March quarter increased 22 per cent to Rs 3,333 crore from Rs 2,730 crore a year ago, driven by 9 per cent volume growth in the India business and 19 per cent constant currency growth in the international segment.
For the full year Financial Year 2026, revenue rose 25.7 per cent to Rs 13,611 crore, while total income stood at Rs 13,815 crore. Net profit for the year increased 9.34 per cent to Rs 1,813 crore.
The company said demand trends remained stable during the quarter and expects gradual improvement in consumption, while continuing to monitor geopolitical developments in the Middle East.
Total expenses during the March quarter rose 23.67 per cent to Rs 2,889 crore.
Domestic revenue grew 21.13 per cent to Rs 2,505 crore, led by market share gains and strong traction in e-commerce and quick-commerce channels. The company said over 95 per cent of its portfolio either gained or maintained market share, while more than 90 per cent sustained or improved penetration.
The international business also delivered strong growth, with revenue rising 25 per cent to Rs 828 crore during the quarter.
Among key segments, Parachute rigid packs reported a marginal 1 per cent decline in volumes, although revenue increased 29 per cent due to price hikes. Value-added hair oils recorded a 26 per cent growth in value terms.
The company said it aims to cross Rs 15,000 crore in revenue with double-digit growth in Financial Year 2027. It expects high single-digit volume growth in the domestic business and mid-teen constant currency growth in international markets.
The board recommended a final dividend of Rs 4 per equity share of face value Re 1 for Financial Year 2026, subject to shareholder approval.
Shares of Marico ended 2.89 per cent higher at Rs 807.10 on the Bombay Stock Exchange on Tuesday.
