Marico revenue rose 31% in Q2 as margin pressure trimmed profit, resurfacing a November announcement

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 as copra costs and brand investment compressed margins. The FMCG major plans to scale direct distribution to 1.5 million outlets by FY27 — a move first disclosed in mid-November 2025 that is now resurfacing.

— Filed Thu, 30 Jul, 2026, 23:49 IST · Source Financial Express · BrandWagon · Updated

Marico reported Q2 revenue growth of 31% but a marginal profit decline as copra costs and brand investment compressed margins. It plans faster foods and premium personal-care growth and will expand direct distribution to 1.5 million outlets by FY27.

Why this matters

The Q2 update follows Marico's August Q1 FY26 report, when revenue rose 23% and profit gained 8.2%, and repeats its November 2025 disclosure of a 1.5 million-outlet direct-distribution goal.

Retail-company signals are accelerating, up 254400% QoQ.