return to news
  1. Marico shares gain 4% as firm expects double-digit revenue growth in Q2; check all business updates

Market News

Marico shares gain 4% as firm expects double-digit revenue growth in Q2; check all business updates

image Ahana Chatterjee

3 min read | Updated on October 05, 2026, 10:46 IST

SUMMARY

The company said with a strong performance through the first half of the year, Marico is likely to surpass near-term guidance across key financial parameters.

Stock list

Marico-Q2-FY27-share-price-October-5

Among key inputs, Marico said the cost of crude-linked derivatives elevated further, while copra prices remained range-bound at ~35% below peak levels. | Image: Shutterstock

Marico shares jump as much as 4% to touch an intraday high of ₹814 apiece on Monday, October 5, after the company said it expects consolidated revenue to grow in double digits with strong performance across core, digital and international portfolios for the quarter ended September 30, 2026 (Q2 FY27).
Open FREE Demat Account within minutes!
Join now

The company said with a strong performance through the first half of the year, Marico is likely to surpass near-term guidance across key financial parameters.

The FMCG firm in a regulatory filing said the India business continued its strong momentum, delivering another robust quarter with underlying volume growth touching double digits.

“Domestic demand remained resilient during the quarter, even as the operating environment stayed volatile through the period. Looking ahead, we remain optimistic on consumption trends, while closely monitoring the evolving inflationary conditions,” Marico said in a statement.

The company’s international business also delivered a robust quarter with constant currency growth in the teens led by strong performance in Vietnam, the Middle East and South Africa. Bangladesh witnessed a marginal sequential improvement, even as it continued to lap a high base amid persistently elevated inflation.

Among key inputs, Marico said the cost of crude-linked derivatives elevated further, while copra prices remained range-bound at ~35% below peak levels.

“We expect strong acceleration in gross margin on a year-on-year basis led by favourable portfolio mix and tailwind from copra prices. ASP investments increased significantly as we continued to invest behind brand building and growth initiatives. Overall, we expect operating profit to grow in the mid-twenties,” Marico said.

Here’s how Marico performed in Q1 FY27

The FMCG firm recorded a 25% year-on-year (YoY) rise in its consolidated net profits (attributable to owners) to ₹630 crore in the June quarter, in comparison to ₹504 crore in the corresponding quarter of the previous financial year.

On a sequential basis, the company’s net profits jumped 61% to its April to June quarter levels, from ₹391 crore in the fourth quarter of FY26.

Its revenue from core operations advanced 23% YoY to ₹3,957 crore in the first quarter of the financial year 2026-27, from ₹3,221 crore in the same period a year earlier.

Marico’s operational-level earnings before interest, tax, depreciation, and amortisation (EBITDA) recorded a 25% YoY increase to ₹819 crore in Q1 FY27, compared to ₹655 crore in the same period a year earlier.

The EBITDA margins expanded by 36 basis points to 20.69% in the period under review, compared to 20.33% in the same quarter last year.

Marico share price trends

At 10:33 AM, Marico shares were trading at ₹787.7 apiece on the National Stock Exchange, rising 0.81%.

Over the past week, shares of the company have fallen 3%, while they have gained 4% in the last six months. On a year-on-year basis, Marico shares have jumped 11%.

Shares of the firm had hit a 52-week high of ₹889.10 on July 30, 2026, and a 52-week low of ₹691.30 on October 1, 2025.

According to NSE data, as of October 5, 2026, Marico has a total market capitalisation of ₹1.02 lakh crore.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

Next Story