Results▲ Bullish for Marico
Marico expects double-digit revenue growth in Q2
The brief
- Marico cited solid domestic demand, strong premium hair oils and double-digit India volumes
- International business also recorded gains
- Domestic demand and premium hair-oil growth support Marico’s outlook and may lift FMCG sentiment
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- Marico, Radico Khaitan, United Breweries, HUL, Tata Consumer: Brokerage shares top BUYs; here are Q2 expectations
- Nomura names Marico, Tata Consumer, ITC top picks as monsoon deficit raises rural demand concerns
- Nestle, Marico, Lenskart among Nomura picks as consumer margins face pressure
- Technical analysts pick Paytm, DRL as buys; Marico, Amber Ent, Apollo Hospitals, Bosch as sells
Marico sees strong Q2 growth and improving margins
Marico expected double-digit Q2 FY27 revenue growth, citing firm domestic demand, strong premium hair oils, double-digit India volumes and gains in international business. Parachute Coconut Oil recorded early-teens volume growth, while Saffola Oil saw mid-single-digit price-led growth.
Monday, 5 October
- Marico expects double-digit revenue growth in Q2