Q1FY26 revenue to rise in low 20s YoY; volume up despite price hikes; copra inflation pressures margins, but recovery expected in H2; strong performance across segments
The highlight of the quarter was volume growth recovering sequentially and expected to be at 9 per cent in Q1FY26, which is the strong start to the fiscal.
The consumer goods maker forecasts gross margin to remain under "incremental pressure" due to high costs of key raw materials such as copra
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Marico expects gradually improving growth trends in the core categories on the back of moderating trends in retail and food inflation as well as the promise of a healthy monsoon season.
Among key performers in the portfolio, Parachute coconut oil posted 22 per cent YoY value growth with 1 per cent volume decline, due to price hikes
Home-grown FMCG major Marico said it has extended the tenure of Managing Director & Chief Executive Officer Saugata Gupta by re-appointing him for next two years. "The Board of Directors of the Company at its meeting held on May 2, 2025, approved the reappointment of Saugata Gupta as the Managing Director & Chief Executive Officer for a further period of two years, from April 1, 2026 till March 31, 2028," Marico said in a statement. The board had also approved continuation of Directorship of Harsh Mariwala, Chairman and Founder of Marico, as a Non-Executive Director, based on recommendation of the Nomination and Remuneration Committee of the company. Gupta had joined Marico, which owns popular brands including Saffola, Parachutte and Livon, in 2004 as the Head of Marketing. He was elevated as CEO of India business in 2007. Since 2014, Gupta has been continuing as the Managing Director and Chief Executive Officer of the company.
Marico share price today: Marico's stock was quoting at ₹721.70, up 3.43 per cent on the National Stock Exchange
Homegrown FMCG firm Marico Ltd on Friday reported a 7.81 per cent rise in consolidated net profit at Rs 345 crore in the March quarter, driven by volume and revenue growth in India, along with robust international business. The company had posted a consolidated net profit of Rs 320 crore in the same period of the previous fiscal year, Marico Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 2,730 crore as against Rs 2,278 crore in the same period a year ago, it added. Total expenses in the fourth quarter were higher at Rs 2,336 crore as compared to Rs 1,894 crore in the corresponding period the previous year. In the fourth quarter, volume in India grew 7 per cent while the revenues were up 23 per cent. International business saw constant currency growth of 16 per cent, it added. The company said in India its 'Parachute Rigids' registered 1 per cent volume decline, witnessing transient sluggishness due to consumption
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Marico has witnessed a sequential uptick in volume with an improvement in market shares across its key franchises during January-March quarter of FY25, but the company expects a contraction in gross margins due to high copra and vegetable oil prices, the home-grown FMCG firm said in a quarterly update on Thursday. During the quarter, the FMCG sector experienced stable demand trends amidst the improving trajectory in rural and mixed trends across mass and premium urban segments. "In the given context, the India business posted a sequential uptick in underlying volume growth with improving market shares across key franchises," said Marico, which owns brands such as Saffola, Parachute and Livon. Its Parachute Coconut Oil witnessed transient sluggishness in volumes due to lower consumption amidst the steep rise in consumer pricing and impact of grammage reduction in certain packs. "We expect volumes to pick up as the stress on the consumer wallet eases, driven by the seasonal moderatio
In this episode of Tech Talk, we sit down with the visionary Chairman of Marico to explore the role of technology and innovation in driving business growth.
The company aims at double-digit growth, driven by improving growth in core segments, rapid scaling of new-age businesses, and steady gains in international markets
The "aspirational" rural market is at an "inflexion point, which offers significant opportunities and long-term potential to the FMCG companies with price point packs, said Marico M D & CEO Saugata Gupta. The hinterland, with its large population base and rising disposable income offers 'headroom for growth' for FMCG as people there now aspire for the same brands of products as other markets Gupta told PTI. Per capita income is on the rise, helped by the government's spending on infrastructure, and an increase in the minimum support price of crops, which has helped in a significant uplift in terms of quality of life for the rural class, he said. "So, I believe that this is an inflexion point, said Gupta adding "for the large FMCG players this is an opportunity to continue to invest in rural because if you really look at it, everybody is chasing that same urban consumer whether it's D2C brands or international brands. Marico is present in the rural markets with price point packs ..
Marico's expenses rose 17.7 per cent to Rs 2,318 crore ($267.54 million) during the third quarter ended December 31
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