Home / Business and Economy / Marico Forecasts 25%+ Revenue Surge in H2 2025 Amid Steady Demand
Marico Forecasts 25%+ Revenue Surge in H2 2025 Amid Steady Demand
17 Nov, 2025
Summary
- Marico expects double-digit volume growth in value-added hair oils over next 5-8 quarters
- Company targets over 25% revenue growth in H2 2025 driven by steady demand and lower input costs
- Marico sees potential for 200+ bps margin improvement in 2026 as raw material prices ease
As of November 17, 2025, consumer goods company Marico expects its value-added hair oils to maintain double-digit volume growth over the next 5-8 quarters. This growth will be driven by reduced discounting at the lower end, a sharper focus on mid and premium segments, stronger brand building, and continued gains from e-commerce and modern trade.
Marico also forecasts that its overall revenue will grow more than 25% in the second half of 2025, supported by steady demand, lower input costs, and strong performance across key categories. Managing Director and CEO Saugata Gupta stated that demand has stabilized after short-term disruption linked to goods and services tax (GST) rate changes earlier this year.
Looking ahead, Gupta expects Marico to see "at least 200 basis points (bps)" margin improvement potential in 2026 if raw material prices ease as anticipated. The company is also targeting 2.5x growth in its premium personal care digital brands by the financial year 2026-27, while improving profitability in these segments.
