Marico Sees Modest Growth in Operating Profit in Q1 of FY26

MARICO EXPECTS A modest operating profit growth in the June quarter as it continues to witness sequential inflation in some key raw material inputs such as copra, the home-grown FMCG maker has said in its latest quarter updates.

- PRESS TRUST OF INDIA

As vegetable oil prices eased following a cut in import duty by the government and crude oil derivatives remained range-bound, gross margin is expected to be under "incremental pressure, on a particularly high base and partly due to the pricing-led high denominator effect," it said. Despite the input cost push, Marico said it continued to invest in brand building as per its intent to strengthen the long-term equity of its franchises and accelerate portfolio diver