Marico Q3 FY26: Steady demand drives high single-digit India volume growth
Marico's Q3 FY26 update flags resilient Parachute, muted Saffola, and growth in value-added hair oils and premium personal care. Copra prices correcting ~30% from peak support expected gross margin improvement. Shares little changed at Rs 757.35.
Marico's Q3 FY26 update reports steady demand and high single-digit India volume growth. Parachute resilient, Saffola muted, value-added hair oils and premium personal care grew. Copra prices corrected 30%, aiding expected gross margin improvement.