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.
Timeline
Monday, 5 October
- Marico Q2 Update: Co optimistic of surpassing near-term guidance, sees margin improvement; Stock gains
Marico expects to surpass near-term guidance and sees margin improvement
- Marico expects double-digit revenue growth in Q2
Marico cited solid domestic demand, strong premium hair oils and double-digit India volumes
- Marico’s core franchises expected to power a strong Q2 as FMCG demand holds firm
Marico expects double-digit revenue growth in Q2 FY27
