Marico Ltd reported a strong Q1 FY26 with an 8.2% YoY rise in net profit to ₹513 crore, supported by a 23.3% increase in revenue to ₹3,259 crore.
India Business Drives Growth
India operations saw 9% volume growth, with revenue up 27% YoY to ₹2,495 crore. The growth was driven by price hikes and strong performance in core product portfolios.
Margin Decline Amid Input Inflation
EBITDA rose to ₹655 crore, but the operating margin fell to 20.1% from 23.7%, reflecting high input costs. Marico expects margins to recover in H2 FY26.
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Focus on Premium & Digital
The company is betting big on Foods and Premium Personal Care, aiming to grow the Foods segment 8x by FY27. Digital-first brands like Beardo and Plix are also scaling rapidly.
Outlook
Marico remains confident in sustaining growth via premiumisation, digital innovation, and inorganic expansion opportunities in existing and new markets.
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