Resurfacing an August move: Marico Q1 FY26 revenue rose 23.3% as India business grew 27.2%

Marico reported (as of an early-August announcement) Q1 FY26 consolidated net profit of Rs 513 crore, up 8.2% year on year, on revenue from operations of Rs 3,259 crore. India revenue climbed 27.2%, while international revenue grew 12.9%. The company also increased its stake in Plix maker Satiya Nutraceuticals to 60%.

— FiledWed, 16 Sept, 2026, 17:05 IST·First seen Wed, 16 Sept, 2026, 17:04 IST·Source Financial Express (via Wayback)

What happened

Marico posted Q1 FY26 profit growth of 8.2% and revenue growth of 23.3%, led by 27.2% India revenue growth. The FMCG company cited stronger core, foods and

Key facts

  • Q1 FY26 consolidated net profit rose 8.2% YoY to Rs 513 crore from Rs 474 crore
  • Revenue from operations increased 23.31% to Rs 3,259 crore from Rs 2,643 crore
  • Total income was Rs 3,315 crore, including Rs 56 crore other income
  • India revenue rose 27.17% to Rs 2,495 crore from Rs 1,962 crore
  • International revenue increased 12.91% to Rs 764 crore from Rs 681 crore
  • Total expenses rose to Rs 2,659 crore from Rs 2,075 crore
  • India segment PBT was Rs 469 crore
  • International segment PBT was Rs 213 crore
  • Marico increased its Satiya Nutraceuticals stake to 60% on a fully diluted basis

Why this matters

Increasing its stake in Plix maker Satiya Nutraceuticals to 60% strengthens Marico’s exposure to the fast-growing health and nutrition category.

What to watch

  • India volume growth versus price-led revenue growth in the next quarterly update.
  • Copra, edible oil, crude-linked packaging and other key commodity cost trends.
  • Operating margin and advertising-and-promotion spend trajectory.
  • Plix revenue growth, distribution expansion and evidence of integration synergies.
  • Rural demand, urban discretionary consumption and competitive intensity in foods and personal care.
  • International constant-currency growth and currency movements in key overseas markets.
  • Scale Plix distribution through Marico's retail network and invest behind wellness, nutrition and digital-first categories.
  • Use selective price increases, grammage actions and product mix upgrades to protect gross margin against input-cost inflation.
  • Increase advertising and promotions in core brands and food categories to convert recent revenue momentum into market-share gains.
  • Prioritise international-market execution and localised portfolios to sustain growth outside India.