Marico Ltd has projected double-digit year-on-year operating profit growth for Q3 FY26, supported by sequential gross margin improvement and sustained volume-led expansion. The company reported consolidated revenue growth in the high twenties, with India business volumes rising in high single digits, reinforcing its medium-term aspiration of profitable growth.
Marico Ltd, one of India’s leading FMCG companies, has announced robust expectations for its third-quarter performance. The company anticipates double-digit operating profit growth on a year-on-year basis, driven by improved gross margins and steady demand across categories. With consolidated revenue growth in the high twenties and strong India business volumes, Marico continues to emphasize profitable expansion through volume-led strategies.
Key highlights from the announcement include
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Operating profit growth expected to touch double digits year-on-year in Q3 FY26.
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Gross margin improvement seen on a sequential basis, with further gains anticipated in coming quarters.
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Underlying volume growth in India business remained in high single digits during the quarter.
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Consolidated revenue growth stood in the high twenties year-on-year in Q3.
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Marico maintains its aspiration of delivering profitable, volume-led growth over the medium term.
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The company’s performance reflects resilience in core categories and efficiency in cost management.
Marico’s outlook underscores its ability to balance profitability with volume growth, even amid competitive market conditions. With continued focus on margin expansion and sustainable growth, the company remains well-positioned to strengthen its leadership in the FMCG sector.
Sources: Economic Times, Business Standard, Moneycontrol