Marico Ltd Reports Q2 FY26 Performance: High Single-Digit Volume Growth in India, Twenties Growth Internationally
Marico Ltd, a leading consumer products company, has reported an update on the operating performance and demand trends for the quarter ended September 30, 2025. The India business continued to exhibit steady momentum, with underlying volume growth in high single digits, despite the transitory impact of disruption in trade channels and purchases by the Canteen Stores Department ahead of the implementation of new GST rates in September. The International business maintained its robust momentum with constant currency growth touching the twenties. Despite input cost push, the company expects modest operating profit growth on a year-on-year basis. Marico aspires to deliver sustainable and profitable volume-led growth over the medium term.
Key Highlights
- High single-digit volume growth in India business
- International business maintains robust momentum with constant currency growth in twenties
- Despite input cost push, modest operating profit growth expected on a year-on-year basis
- Marico aspires to deliver sustainable and profitable volume-led growth over the medium term
- GST rate rationalization benefits 30% of India business, passed on to consumers