Marico Q2 FY27: Profit Rises 31%, Revenue Up 13%

Marico Limited reported a strong performance in Q2 FY27, with double-digit growth in revenue and profit, supported by healthy domestic demand, international business growth and improved margins. Q2 FY27 Financial Performance Revenue from Operations: ₹3,897 crore, up 13% YoY. Net Profit: ₹550 crore, up 31% YoY. EBITDA: ₹709 crore, up 27% YoY. EBITDA Margin: 18.2%, compared with 16.2% last year. Gross Margin: Expanded by approximately 600 basis points. Domestic Business Performance Marico's India business recorded revenue of ₹2,916 crore, growing 10% YoY. Underlying volume growth stood at 10%. Parachute Rigids delivered 13% volume growth. Value-Added Hair Oils recorded 21% value growth. More than 95% of the business gained or sustained market share and penetration. Traditional and organised trade recorded double-digit growth, while quick commerce continued to accelerate. International Business The international business delivered 13% constant-currency growth and 23% revenue growth in rupee terms. Vietnam: 22% constant-currency growth. Middle East and North Africa: 15%. South Africa: 15%. Bangladesh: 5%. Investor Perspective Marico's 31% profit growth, 27% EBITDA growth and 200-basis-point margin expansion indicate strong operating performance. Lower copra prices and favourable product mix supported margin improvement. However, rising costs of certain crude-linked derivatives and vegetable oils remain important factors to monitor. The key monitorables going forward will be volume growth, input-cost trends, advertising expenditure and the sustainability of margin expansion. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.