Marico Net Profit Soars 29% on Strong Sales

Marico Ltd. announced a strong performance for the September quarter of FY27, with consolidated net profit climbing 29.16% to ₹558 crore. This marks a substantial increase from the ₹432 crore reported in the same period last year.

Revenue from operations saw a healthy 12.95% rise, reaching ₹3,897 crore. The company attributed this growth to robust volume expansion within its domestic market, which achieved 10% underlying volume growth.

Internationally, Marico's business maintained strong momentum, recording a 13% constant currency growth. This dual growth engine, coupled with a 600 basis points expansion in gross margin, propelled Ebitda growth to 27%.

The company's India business delivered a 9.83% revenue growth to ₹2,916 crore, with over 95% of its business gaining or sustaining market share. Notably, its foods portfolio grew by 45%, and its digital-first portfolio, including brands like Beardo and Plix, also showed strong expansion.

Marico reaffirmed its outlook to achieve double-digit revenue growth and surpass ₹15,000 crore in FY27, with expectations for accelerating constant currency growth in the international business during the second half of FY27.