Marico expects Q2 revenue to grow 30% on price hikes

GROSS MARGIN PRESSURES SEEN EASING IN H2

- VIVEAT SUSAN PINTO

CONSUMER GOODS MAJOR Marico expects September quarter (Q2FY26) consolidated revenue growing at about 30% year-on-year, driven by sharp price hikes and highersales ofits premium hair oils,the company said on Friday.

Best known for its Saffola and Parachute brands, Marico said that 30% ofits India business had benefited from the GST rate rationalisation.

It also saw underlying volume growth for its domestic business in high-single-digits in Q2,despite trade disruptions triggered by GST 2.0 reforms.

The company, however, expected modest operating profit growth for the second quarter as input cost pressures and brand-buildinginvestments were high during the period.