Marico Ltd reported consolidated revenue from operations at ₹34.82 billion for Q2, slightly exceeding estimates. Net profit stood at ₹4.2 billion, marginally below expectations. The company demonstrated steady growth supported by robust brand performance in key FMCG segments amid competitive market conditions.
Marico Ltd unveiled its Q2 consolidated financial results, highlighting strong revenue from operations at ₹34.82 billion, surpassing analyst estimates of ₹34.16 billion. The company’s sustained focus on product innovation and efficient distribution bolstered its topline growth despite challenging macroeconomic conditions.
However, consolidated net profit was reported at ₹4.2 billion, slightly below the IBES estimate of ₹4.28 billion, reflecting increased marketing spends and input cost pressures. The firm’s core FMCG portfolio, including personal care and edible oils, continued to perform well, contributing significantly to revenue stability.
Key highlights:
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Revenue at ₹34.82 billion exceeds consensus estimate of ₹34.16 billion
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Net profit ₹4.2 billion slightly misses estimate of ₹4.28 billion
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Growth led by strong brand traction in personal care and food segments
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Increased marketing expense and commodity cost impacted margins
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Confident outlook supported by product innovation and market expansion
Marico’s Q2 results showcase resilience and strategic agility in maintaining market leadership in India’s competitive FMCG space.
Sources: Reuters, Marico Ltd official filings, IBES estimates, Economic Times.