Marico guides to early-twenties Q1 FY27 revenue growth on India, overseas strength
Marico projects consolidated revenue growth in the early twenties for Q1 FY27, driven by broad-based India, digital and international momentum. Parachute logged double-digit volume growth, while Saffola posted mid-single-digit revenue growth on pricing despite volume declines.
Marico projects early-twenties consolidated revenue growth in Q1 FY27, led by broad-based India, digital and international performance. Parachute posted double-digit volume growth; Saffola saw mid-single-digit revenue growth on pricing despite volume declines.
Why this matters
The guidance extends Marico's strong Q1 update run, which sparked record highs two days running and brokerage upgrades, with JM Financial lifting its target to Rs 985.
Retail-company signals accelerating, up 529700% QoQ.
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