Marico Q1 FY27 profit rises 27% as revenue grows 23%

Marico reported Q1 FY27 net profit of ₹630 crore and revenue of ₹3,957 crore, supported by domestic volume growth and international expansion. The FMCG major is targeting revenue of more than ₹15,000 crore in FY27 and ₹20,000 crore by FY30.

— Source publishedTue, 4 Aug, 2026, 16:44 IST·First seen Tue, 4 Aug, 2026, 17:10 IST·Source Financial Express · BrandWagon

What happened

Marico reported 27% YoY growth in Q1 FY27 profit and 23% revenue growth, supported by domestic volumes and international expansion. The FMCG company targets

Key facts

  • Q1 FY27 net profit: Rs 630 crore, up 27% YoY from Rs 504 crore
  • Q1 FY27 revenue from operations: Rs 3,957 crore, up 23% YoY from Rs 3,221 crore
  • International business constant-currency growth: 15%
  • Q1 FY27 EBITDA: Rs 819 crore, up 25% YoY from Rs 655 crore
  • EBITDA margin: 20.7%, up 40 basis points from 20.3%
  • FY27 revenue target: over Rs 15,000 crore
  • FY30 revenue target: Rs 20,000 crore
  • Premium categories' international revenue share target: about 40% by FY30

Why this matters

Marico’s international growth reinforces the strategic value of expanding beyond its domestic base, with cross-border distribution and category expansion likely central to achieving its long-term scale ambitions.

What to watch

  • Domestic volume growth versus price-led growth in the next two quarters.
  • Gross-margin movement and management commentary on copra, edible-oil, packaging and crude-linked input costs.
  • Progress toward the FY27 revenue run rate of more than ₹15,000 crore.
  • International business growth, currency effects and profitability by key geography.
  • Advertising-to-sales ratio, promotional intensity and competitive commentary from Dabur, HUL, ITC and regional players.
  • Growth contribution from foods, premium personal care and newer digital-first brands.
  • Rural demand indicators, monsoon outcomes and urban discretionary-consumption trends.
  • Increase advertising and promotional investment behind core Parachute, Saffola and value-added food franchises to defend volume momentum.
  • Prioritise premium and health-oriented launches, especially in foods, personal care and digital-first brands, to improve realisations and category mix.
  • Accelerate international distribution, local manufacturing and portfolio expansion in faster-growing markets to diversify domestic demand exposure.
  • Use stronger cash generation for selective bolt-on acquisitions or minority investments that advance the ₹20,000 crore FY30 revenue ambition.
  • Maintain calibrated price actions and pack-size architecture to protect affordability if commodity costs rise.