Marico’s Q1 growth prompts Jefferies to lift target price to ₹1,000
Marico reported 22.9% year-on-year revenue growth to ₹3,957 crore and a 25% rise in net profit to ₹630 crore in Q1 FY27. Jefferies retained its buy call after domestic volumes grew 11% and raised its target price from ₹960 to ₹1,000.
Marico beat Q1 FY27 expectations as revenue rose 22.9% and profit grew 25%, supported by 11% domestic volume growth, international demand and margin gains. Jefferies retained its buy rating and raised its target price to Rs 1,000.
Why this matters
Marico’s Q1 result follows a signal that profit rose 25% while shares fell over 3%, its cut to low-margin Saffola oil supply, and its warning that quick commerce is surging as modern trade and marketplace growth moderates.
Retail-company signals are accelerating, up 206286% QoQ.