Marico’s Q1 profit rises 27% as lower copra costs fund Parachute price cuts
Marico posted Q1 consolidated revenue of ₹3,957 crore, up 22.8% year-on-year, while net profit rose 27% to ₹652 crore. With copra prices down about 45% from their peak, the company cut select Parachute pack prices and expects no further near-term pricing action.
Marico reported strong Q1 growth as lower copra costs boosted margins. It cut prices mainly on larger Parachute loyalty packs, expects no further near-term pricing action, and targets high-teen EBITDA growth in FY27 through Parachute, hair oils, foods and digital-first brands.
Why this matters
The result follows recent signals of Marico’s Q1 revenue nearing ₹4,000 crore and volume growth from India, quick commerce and foods, adding a cost-led Parachute pricing response to its recent momentum.
retail-company is accelerating, up 204429% QoQ.