Marico revenue rose 31% in Q2 as margins contracted; resurfacing its plan to target 1.5m direct outlets by FY27
Resurfacing a November 2025 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. India revenue grew nearly 35%, and the FMCG major plans to expand direct distribution from 1 million to 1.5 million outlets by FY27.
Marico reported Q2 revenue growth of 31% but a marginal profit decline as copra costs and brand spending compressed margins. India revenue rose nearly 35%, while the company plans to expand direct distribution to 1.5 million outlets by FY27.
Why this matters
The Q2 update follows Marico's Q1 revenue growth of 23% and its increase in the Plix maker stake to 60%, while extending the packaging-led Parachute growth playbook associated with Harsh Mariwala.
Retail-company signals are accelerating, up 223917% QoQ.