Marico Q1 profit rises 25% as revenue reaches Rs 3,957 crore

Marico posted 22.9% year-on-year revenue growth in the June quarter, supported by 11% domestic volume growth. EBITDA margin improved to 20.7% as the FMCG major raised advertising and promotional spending by 25%.

— Source publishedTue, 4 Aug, 2026, 15:51 IST·First seen Tue, 4 Aug, 2026, 16:58 IST·Source NDTV Profit

What happened

Marico’s Q1 profit rose 25% to Rs 630 crore and revenue grew 22.9% to Rs 3,957 crore, led by 11% domestic volume growth. The FMCG company increased brand

Key facts

  • Q1 net profit: Rs 630 crore, up 25% year-on-year
  • Q1 consolidated revenue: Rs 3,957 crore, up 22.9%
  • EBITDA: Rs 819 crore, up 25%
  • EBITDA margin: 20.7%, versus 20.3% a year earlier
  • India business growth: 21% year-on-year
  • International business growth: 29%
  • Domestic volume growth: 11%
  • International constant-currency growth: 15%
  • Advertisement and promotional spending growth: 25%
  • Parachute volume growth: 10%
  • VAHO value growth: 23%; volume growth: 10%; 18% of India revenue
  • Saffola Foods value growth: 43%
  • FY27 revenue target: over Rs 15,000 crore

Why this matters

The combination of accelerating domestic volumes, higher brand investment and resilient margins reinforces Marico’s capacity to compound FMCG scale while funding growth initiatives.

What to watch

  • Domestic volume growth versus the reported 11% Q1 level.
  • Rural demand indicators, monsoon progression and festive-season consumption trends.
  • Copra, edible-oil, crude-derived packaging and freight cost movements.
  • Advertising-to-sales ratio and whether competitors increase promotions or discounting.
  • Market-share trends in Parachute, Saffola, value-added hair oils and foods.
  • International business growth and currency impacts.
  • Management commentary on price hikes, margin guidance and the durability of demand.
  • Sustain above-normal advertising and promotional investment to defend volume momentum and capture share.
  • Prioritize distribution expansion and rural-market activation, where volume recovery can create incremental demand.
  • Push premium and adjacent categories, including foods and digital-first brands, to improve revenue mix and reduce dependence on core categories.
  • Use selective pricing or pack-size actions if input-cost inflation re-emerges, rather than broad-based price hikes.
  • Communicate whether Q1 margin expansion is repeatable after accounting for higher brand investment and commodity-cost trends.