Athira Sethu
Kochi, 5 Jan 2026
Marico, the consumer products company, forecast a strong double-digit growth over the same quarter a year ago in operating profits for its third-quarter earnings, while also declaring a consolidated revenue that has risen in the high twenties percent over a year ago. Such top-line growth is aided by declining inflation and recent cuts in consumption taxes boosting sales. Marico expects improving consumption trends in the next quarters, driven by such factors as lower GST rates, MSP hikes, and a good crop sowing conditions.
Key Highlights:
- Operating Profit Growth: The management expects Marico to report double-digit growth in operating profits year-on-year for Q3.
- Revenue Growth: Consolidated revenue increased by high twenties in percentage due to easing inflation and tax cuts.
- Gross Margin Improvement: The company is expecting gross margin expansion to come through due to a lagged pass-through of lower copra costs.
- Brand Investments: The company has continued to invest in brand equity and product portfolio diversification at Marico.
- Parachute Product: Parachute has been resilient given the high input cost and pricing pressures.
- Premium Personal Care: The premium personal care business has outperformed expectations for the quarter.
- Saffola Oil Performance: The Saffola oils business experienced a quiet quarter with good growth in the hair oils business.
- India Business Growth: The underlying volume growth of its India business continued in the high single digit levels but showed some marginal improvement over the prior quarter.
Being optimistic, the company’s focus is directed towards the current challenges posed by the markets and the opportune elements such as consumption and economic patterns.
