Marico's Q2 revenue rose 31% as margins narrowed on input costs and brand investment — resurfacing a September filing
Resurfacing a September 30 filing, 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. India volumes grew 7%, with the company targeting direct distribution expansion from 1 million outlets in FY24 to 1.5 million by FY27.
Marico reported marginally lower Q2 profit despite 31% revenue growth, as copra costs and brand investment compressed margins. India volumes rose 7%; the company plans foods and premium personal-care expansion and to extend direct distribution to 1.5 million outlets by FY27.
Why this matters
The filing reinforces a recent signal that Marico’s India growth offset margin pressure and follows retrospectives on Harsh Mariwala’s Parachute-led expansion into an FMCG powerhouse.
Retail-company signals are accelerating, up 1,052,700% QoQ.