Marico revenue rise of 31% in Q2 resurfaces as India growth offsets margin pressure
Resurfacing a mid-November report, Marico posted Q2 revenue of Rs 3,482 crore, up 30.7% year on year, while net profit slipped 0.7% to Rs 420 crore amid higher copra costs and brand investment. The company plans to expand direct distribution to 1.5 million outlets by FY27.
Marico reported Q2 revenue growth of 30.7% despite a marginal profit decline and margin pressure from copra costs and brand investment. India revenue rose nearly 35%; the FMCG company plans food, premium personal-care and direct-distribution expansion through FY27.
Why this matters
The Q2 update follows recent signals tracing Harsh Mariwala’s 1974 Parachute move and Marico’s evolution from a family oil business into a Rs 1 lakh crore FMCG group.
Retail-company is accelerating, up 1,050,900% QoQ.