Home / Business and Economy / Marico Sees Q1 Profit Soar 25% on Strong Sales
Marico Sees Q1 Profit Soar 25% on Strong Sales
4 Aug
Summary
- Consolidated net profit surged 25% year-on-year to Rs 630 crore.
- Revenue increased 23% year-on-year to Rs 3,957 crore.
- Double-digit growth in both domestic and international segments.
Marico announced a 25% year-on-year increase in consolidated net profit, reaching Rs 630 crore for the first quarter of FY27. The company's revenue from operations grew by 23% to Rs 3,957 crore during the same period.
This impressive financial performance was driven by an 11% underlying volume growth in the India business and a 15% constant currency growth in its international operations. Both traditional and organized trade segments within India experienced double-digit expansion, with e-commerce showing strong momentum.
The Foods portfolio notably surged by 43% year-on-year, surpassing an annualised revenue run-rate of Rs 1,300 crore. Premium personal care also delivered healthy growth, achieving an annualised revenue run-rate of approximately Rs 450 crore, boosted by digital-first brands like Beardo and Plix.
Looking ahead, Marico reaffirms its confidence in achieving double-digit consolidated revenue growth and high-teen EBITDA growth for FY27. The company anticipates high single-digit volume growth in India and mid-teen constant currency growth internationally, aiming for total revenues exceeding Rs 15,000 crore this fiscal year.
