Marico revenue rises 31% in Q2 as margins tighten; targets 1.5m direct outlets by FY27

Marico posted Rs 3,482 crore in Q2 revenue, up 30.7% year-on-year, while net profit slipped 0.7% to Rs 420 crore as copra costs and higher brand investment compressed margins. India revenue grew nearly 35%, and the company is expanding foods, digital-first brands and direct distribution.

— Filed Fri, 24 Jul, 2026, 06:50 IST · Source Financial Express · BrandWagon · Updated

Marico reported marginally lower Q2 profit despite 31% revenue growth, as copra costs and brand investment compressed margins. India revenue rose nearly 35%; it plans food and premium-care diversification and to expand direct distribution to 1.5 million outlets by FY27.

Why this matters

Marico's Q2 update repeats recent signals that 31% revenue growth was offset by narrower margins from input costs and brand investment, while adding its FY27 direct-outlet target. It follows coverage of the Parachute playbook behind Marico's FMCG scale.

Retail-company is accelerating, up 1,064,000% quarter-on-quarter.