Marico Ltd reported its earnings for the December quarter of FY26, with the FMCG major posting a 12% year-on-year rise in consolidated net profit. The company’s net profit stood at Rs 447 crore in Q3 FY26, compared with Rs 399 crore in the year-ago period all because of strong revenue growth across India and international markets.
Marico Q3 FY26 Financial Performance
During the quarter, The company’s revenue from operations rose sharply by 27% YoY to Rs 3,537 crore. Material costs increased 42% YoY to Rs 1,997 crore, largely due to higher input prices, while employee costs rose 16% to Rs 241 crore. Other expenses increased by a modest 6% to Rs 371 crore.
Despite cost pressures, EBITDA grew 11% YoY to Rs 592 crore, although EBITDA margins declined by 234 basis points to 16.7%, compared with 19.1% in Q3 FY25.
Profit before tax (PBT) rose 9% YoY to Rs 567 crore, while reported and recurring PAT both stood at Rs 447 crore, up 12% YoY.
India and International Business Favors Growth
Marico said in a press release, “Sustained volume momentum in the India business, with India volumes growing 8% YoY during the quarter. The international business continued its robust growth trajectory, delivering 21% constant-currency growth, underscoring strong demand across key overseas markets.”
India business revenues rose 28% YoY, with the company gaining or sustaining market share in 95% of the portfolio and improving penetration in nearly 80% of the business on a MAT basis.
International business revenues increased 24% YoY in INR terms, further strengthening the company’s diversified growth profile.
On a consolidated basis, the company delivered 27% revenue growth, while consolidated EBITDA and PAT grew 11% and 12% respectively. A&P spends increased 15%.
Marico’s major brands performed well during the quarter despite cost pressures. Parachute Coconut Oil, which contributes 36% of India revenues, recorded 50% value growth, Saffola edible oils accounting for 16% of India revenues recorded flat growth as some consumers continued to cut back on spending.
Marico Shares Price Today
Marico shares on Tuesday closed 0.65% higher at Rs. 745.80 apiece on the NSE . the Stock has gained 7.4% in last 6 months.
