Marico reported a 31% YoY increase in revenue to ₹3,482 crore in Q2 FY26, driven by volume growth in India and strong performance internationally. The Foods portfolio continues to expand, with the Digital-first portfolio crossing ₹1000 cr ARR. The company is focused on driving profitable growth and managing input cost pressures. Expects improved consumer sentiment in the coming months.
Financial Performance Highlights
Marico announced robust financial results for Q2 FY26, demonstrating strong growth across key segments:
- Revenue from Operations: Increased by 31% YoY to reach ₹3,482 crore.
- India Business: Saw revenue increase of 35% YoY.
- International Business: Reported constant currency growth of 20%.
The consolidated revenue growth and India business performance marked multi-quarter highs for the company.
Segment Performance
The company highlighted notable performances across its diverse portfolio:
- Parachute Rigids: Revenue growth of 59%.
- Value Added Hair Oils: Reported growth of 16% in value terms.
- Saffola Edible Oils: Achieved revenue growth of 19%.
- Foods: Grew by 12% YoY, annualizing to over ₹1100 crore.
- Digital-First Portfolio: Which includes Beardo and Just Herbs, crossed ₹1000 cr. ARR mark.
Strategic Initiatives and Outlook
Marico is actively pursuing strategic initiatives to drive future growth:
- Focus on diversifying through the Foods and Premium Personal Care segments.
- Expansion of direct reach through Project SETU.
- Continued investments in brand building and innovation.
The company anticipates improved consumer sentiment and is committed to delivering consistent and competitive growth in the medium term.
International Business Update
The international business demonstrated robust growth and resilience:
- Bangladesh: Posted growth of 22% CCG.
- MENA: Delivered growth of 27% CCG.
Marico continues to diversify this segment aiming for double digit growth.
Source: BSE