Marico Posts Q3 Results, Beats Street Estimates On Profit

Marico Ltd, one of India’s leading FMCG companies, announced its financial results for the third quarter, showcasing steady growth despite challenging market conditions. The company’s revenue and profit both exceeded analyst expectations, driven by strong demand in core categories such as hair care, edible oils, and wellness products.  

Key highlights 

• Consolidated revenue from operations stood at Rs 35.37 billion, above IBES estimate of Rs 35.1 billion.  
• Net profit reached Rs 4.47 billion, beating IBES estimate of Rs 4.44 billion.  
• Growth supported by resilient demand in domestic markets and stable international business.  
• Operational efficiency and cost management contributed to margin improvement.  
• Company continues to focus on innovation and premiumization in core product categories.  
• Positive outlook driven by consumer demand recovery and expansion in wellness and nutrition segments.  

Industry experts note that Marico’s ability to deliver results above market expectations highlights its resilience in a competitive FMCG landscape. The company’s focus on efficiency, innovation, and consumer-centric strategies is expected to sustain growth momentum in the coming quarters.  

Sources: Reuters, Economic Times, Business Standard