Marico Limited reported a strong topline performance for the quarter ended March 31, 2026, with revenue witnessing robust year-on-year growth, although profitability margins remained under pressure.
The FMCG major posted consolidated revenue of ₹3,333 crore, marking a sharp 22.1% increase compared to the same quarter last year. However, on a sequential basis, revenue declined 5.8%, indicating some moderation in demand trends quarter-on-quarter.
EBITDA for the quarter stood at ₹521 crore, up 13.8% year-on-year, but declined 12% compared to the previous quarter. EBITDA margins came in at 15.6%, contracting by 114 basis points year-on-year and 111 basis points sequentially, reflecting cost pressures during the quarter.
Net profit (PAT) rose 14% year-on-year to ₹391 crore, while declining 12.5% on a quarter-on-quarter basis. Earnings per share (EPS) stood at ₹3.03, up 14.3% year-on-year.
On the operational front, the India business continued to deliver strong growth. Domestic revenue came in at ₹2,505 crore, up 21.1% year-on-year, although down 6.6% sequentially. EBIT for the India segment rose 13.7% YoY to ₹366 crore, with EBIT margins at 14.6%, down 96 basis points year-on-year.
The international business also maintained healthy momentum. Revenue from international markets stood at ₹828 crore, up 25.1% year-on-year, with EBIT rising 25.2% to ₹199 crore. Margins in the international segment remained stable at 24%, showing a marginal improvement of 2 basis points year-on-year.
Overall, Marico’s Q4 performance reflects strong demand-led growth across both domestic and international markets, though margin pressures—likely driven by input cost inflation and operational factors—impacted profitability sequentially.