Marico Reports Q4 FY2026 Quarterly Update
Marico Limited announced a quarterly update detailing operating performance and demand trends for the quarter ended March 31, 2026. A detailed information update will follow once the Board approves the audited consolidated and standalone financial results.The sector experienced stable demand sentiment during the quarter. Marico anticipates a gradual improvement in consumption trends in upcoming quarters, while monitoring the macroeconomic impact of geopolitical developments in the Middle East.
India Business Performance
The India business sustained high single-digit underlying volume growth, with a slight sequential improvement. The Parachute brand recorded low single-digit volume growth after normalizing for ml-age reductions. Saffola Oils achieved high single-digit revenue growth driven by improving volume traction. Value Added Hair Oils (VAHO) registered growth in the twenties. Foods delivered high teens value growth. Premium Personal Care brands continued to scale ahead of expectations.International Business Performance
The International business maintained high teen constant currency growth, with each market contributing positively except for the Gulf region, impacted by geopolitical headwinds in March.Consolidated Financial Highlights
Consolidated revenue grew in the low twenties year-on-year, enabling Marico to achieve its full-year aspiration of mid-twenties growth. This performance was underpinned by top-quartile volume growth, a robust recovery in VAHO, and momentum in the international business. The company anticipates double-digit operating profit growth in the quarter, with a sequential improvement in growth.Key Input Costs and Strategy
Copra prices corrected approximately 35% from their peak and are expected to remain rangebound. While vegetable oils and crude-sensitive materials exhibit an upward bias, Marico will utilize pricing power to maintain input availability. Brand building investments were sustained to strengthen long-term equity and accelerate portfolio diversification.About Marico
Marico (BSE: 531642, NSE: 'MARICO') is a consumer products company with a turnover of ₹108.3 billion (USD 1.3 billion) in FY 2024-25. Marico’s portfolio includes brands such as Parachute, Saffola, Hair & Care, and others. Overseas consumer products contribute approximately 25% of the Group's revenue.Source:
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