Marico Ltd Sees Positive Industry Trends, Forecasts Margin Relief And Growth Ahead

Marico Ltd released its quarterly update for Q2 FY26, reflecting stable demand and promising outlook for the upcoming festive season. The company expects consumer sentiment to gradually improve over the festive months, contributing to buoyant business conditions.

Key Takeaways

Market witnessed steady demand trends throughout most of Q2, supporting consistent volume growth

Marico anticipates easing gross margin pressures in the second half of the fiscal year, aiding profitability

The international business segment experienced growth in the twenties percentage range, driven by strategic market expansion

India business has benefited notably from recent GST rate rationalization, enhancing product affordability and consumer reach

Management remains confident in sustained recovery and growth momentum driven by festive demand and improved cost dynamics

This update underscores Marico’s resilient positioning in the FMCG sector amid evolving market conditions and regulatory benefits.

Sources: Marico official disclosures, Moneycontrol, NSE India, Economic Times