Marico Q1 revenue rises 22.8% as lower copra costs fuel Parachute price cuts

Marico posted ₹3,957 crore in Q1 revenue and ₹652 crore net profit, with domestic volumes up 11%. A 45% correction in copra prices supported a roughly 17% Parachute pack-price cut and lifted EBITDA margin to 20.7%.

— Filed Tue, 4 Aug, 2026, 22:03 IST · Source Mint · Companies · Updated

Marico reported strong Q1 growth as lower copra costs lifted margins and enabled Parachute price cuts, especially on larger loyalty packs. The FMCG maker expects no further near-term price action and targets high-teen EBITDA growth in FY27.

Why this matters

The result extends Marico’s recent Q1 pattern: prior signals showed profit rising 27% and 25% as lower copra costs funded Parachute price cuts, while revenue neared ₹4,000 crore.

Retail-company signals are accelerating, up 204457% QoQ.