Marico Limited announced robust financial results for the second quarter of FY27, reporting a consolidated revenue growth of 13% and an impressive 27% increase in EBITDA. Profit After Tax (PAT) saw a growth of 31%. The company has also raised its full-year guidance, now expecting mid-twenties EBITDA growth and double-digit volume growth for India business.
Marico Reports Strong Q2 FY27 Performance
Marico Limited has declared outstanding financial results for the quarter and half-year ended September 30, 2026. The company achieved a consolidated revenue growth of 13%, driven by a 10% volume growth in its India business and a 13% constant currency growth in its international operations. EBITDA witnessed a significant surge of 27%, while Profit After Tax (PAT) grew by 31%, marking the highest profit growth in the last 50 quarters.
Key Financial Highlights
- Consolidated Revenue Growth: 13%
- India Volume Growth: 10%
- International Constant Currency Growth: 13%
- EBITDA Growth: 27%
- PAT Growth: 31%
- Gross Margin Expansion: Approximately 600 basis points year-on-year.
- Advertising and Promotion (A&P) Expenditure: Increased by 44%.
- EBITDA Margin: Expanded by 200 basis points to 18.2%.
Operational Performance and Outlook
The company highlighted strong performance across its diversified portfolio, including significant growth in Parachute (13% volume growth), Value-Added Hair Oil (21% value growth), and the Foods division (45% growth). The premium personal care segment crossed an annualized revenue run rate of INR500 crores. Marico has also raised its annual outlook, now expecting teens revenue growth and comfortably crossing the INR15,000 crores revenue mark. EBITDA growth is now projected at mid-twenties, up from the earlier estimate of around 20%.
Strategic Initiatives
Marico emphasized the success of its Project SETU transformation, which has improved reach, rural distribution, and execution. The company is now embarking on SETU 2.0 in India, focusing on AI and tech-led growth. Investment in A&P remains a key strategy, with a focus on strengthening core franchises and accelerating new growth engines. Marico is committed to its vision of reaching INR20,000 crores by FY30.
Source: BSE
