Marico Limited has announced a significant 26% growth in consolidated revenue for the financial year ending March 31, 2026, marking the highest increase in 14 years. The company’s India business saw an 8% volume growth, while the international segment recorded a 20% growth in constant currency terms.
The India business revenues surged by 28% year-on-year, with international business revenues up by 20% in INR terms. Marico‘s consolidated advertising and promotion (A&P) spends grew by 15%, while consolidated EBITDA and PAT increased by 9% and 11%, respectively, excluding one-off items.
For the fourth quarter of FY26, Marico reported a 22% growth in consolidated revenue. The India business experienced a 9% volume growth, and the international business achieved a 19% growth in constant currency terms. Over 95% of Marico’s business gained or sustained market share, and over 90% gained or sustained penetration on a moving annual total (MAT) basis.
The company’s flagship brands continued to perform well, with Parachute Coconut Oil and Saffola Edible Oils maintaining robust growth. The Foods segment closed at over ₹1,000 crore for FY26, with plans to accelerate scaling from FY27.
Marico’s international business showed strong momentum, with Bangladesh, Vietnam, and South Africa contributing significantly to growth. However, the Gulf region faced transient headwinds due to geopolitical factors.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).