| This performance was underpinned by top-quartile volume growth, a robust recovery in VAHO, formidable equity and pricing power in core franchises, continued progress in its diversification strategy, and healthy growth in the international business.
The company expects double-digit operating profit growth for the quarter, with a sequential improvement in growth
During the quarter, the India business posted high single-digit underlying volume growth, with a slight sequential improvement. Parachute continued to showcase resilience and the strength of its franchise, as the brand took selective pricing actions to pass on value to consumers amid easing copra prices. It expects the brand to deliver a gradual pickup in volume growth over the course of FY27.
Saffola Oils recorded high single-digit revenue growth, driven by improving volume traction. Value Added Hair Oils registered another robust quarter with growth in the twenties, reinforcing sustained traction in the franchise. Foods delivered high teens value growth, marking a progressive move towards an accelerated growth trajectory. Premium Personal Care (incl. digital-first brands) continued to scale ahead of aspirations, thereby sustaining the pace of diversification.
The International business maintained its stellar momentum, with constant currency growth in the high teens. Each market contributed positively, apart from the Gulf region, which was impacted by ongoing geopolitical headwinds in March.
On the input cost front, copra prices have corrected about 35% from their peak levels and are expected to remain range-bound in the near term. The company expects this trend to support sequential improvement in gross margins.
The company said that it remains confident of delivering healthy volume-led revenue growth in FY27.
Marico is one of India's leading consumer products companies in the global beauty and wellness space. It sells products under brands such as Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker, Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs etc.
The company reported a 12.03% increase in consolidated net profit to Rs 447 crore in Q3 FY26, compared with Rs 399 crore in Q3 FY25. Revenue from operations jumped 26.59% YoY to Rs 3,537 crore for the quarter ended 31 December 2025. |