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Marico Reports Double-Digit Q2 Revenue Growth Driven by Premium Product Demand
M
Moneycontrol•05-10-2026, 10:44
Marico Reports Double-Digit Q2 Revenue Growth Driven by Premium Product Demand
- •Marico anticipates double-digit consolidated revenue growth for Q2, fueled by robust domestic demand for its premium products.
- •The company's high-end value-added hair oils segment achieved growth touching twenties for the sixth consecutive quarter.
- •Marico benefits from the trend of premiumization, as Indian consumers increasingly opt for higher-end products across various categories.
- •The cost of copra, a crucial raw material for Marico, remained approximately 35% below its peak levels.
- •Marico's India business saw underlying volume growth reaching double digits, while its international business grew in the teens on a constant-currency basis.
Key Questions Answered
Marico expects second-quarter consolidated revenue to grow by double-digit percentage points, aided by strong domestic demand for its premium products.
The company's higher-end value-added hair oils segment, which includes premium and specialised products, posted growth touching twenties for the sixth straight quarter.
The cost of copra, a key raw material for Marico, remained about 35% below peak levels according to the company.
