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Marico’s margin on slippery slope despite healthy demand
November 18, 2025
|Mint Kolkata
The Marico Ltd stock hit a new 52-week high of ₹764.65 on the NSE on Monday after its consolidated revenue surged 31% year-on-year to ₹3,482 crore in the September quarter (Q2FY26), led by broad-based growth across product categories.
“Domestic revenue growth of 35% (underlying value growth of 7%) was best in class among the staplespecrs,” said JM Financial Institutional Securities.
Domestic volumes grew 7%, driven by new franchises in the food and premium personal care portfolios and value-added hair oils. Volumes of its flagship product, Parachute Coconut Oil, fell 3%, while those of Saffola edible oils stayed flattish, reflecting the impact of higher pricing and package volume changes.
Parachute has absorbed cumulative hikes of over 60% without much hit to underlying demand-volumes should stabilise as input costs ease.
هذه القصة من طبعة November 18, 2025 من Mint Kolkata.
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