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Marico Q2 Net Profit Rises 29% to ₹558 Cr on Strong Volume Growth
Sentiment: PositiveHigh Priority
What Happened?
Marico Ltd reported a 29.16% increase in consolidated net profit to ₹558 crore for Q2 FY27, driven by strong domestic volume growth. Revenue rose to ₹3,897 crore, up 12.95% from the previous year.
Key points
- Marico's consolidated net profit for Q2 FY27 reached ₹558 crore, up from ₹432 crore in the same quarter last year.
- Revenue from operations increased to ₹3,897 crore, a 12.95% rise compared to ₹3,450 crore a year ago.
- The India business saw a 10% underlying volume growth, while international operations recorded a 13% constant currency growth.
- Total expenses for the quarter were ₹3,276 crore, an 11% increase year-on-year.
- Marico's gross margin expanded by approximately 600 basis points year-on-year.
Key insights
- The increase in net profit reflects Marico's effective cost management and strong brand performance.
- Continued growth in the India business may enhance Marico's market position and investor confidence.
- International growth, particularly in Vietnam and MENA, indicates successful expansion strategies.
Why it matters
Marico's strong financial performance indicates robust demand in the FMCG sector, which could impact market dynamics.
Entities
Marico Ltd· CompanyIndia· CountryVietnam· CountryMENA· Region
Source
Business Standard
