Marico Q2 FY27 Results: Net Profit Rises 31% to ₹550 Crore

Marico Limited reported a 31% year-on-year increase in consolidated net profit to ₹550 crore in Q2 FY27. Revenue grew 13% to ₹3,897 crore, while EBITDA increased 27% to ₹709 crore.

EBITDA margin improved to 18.19% from 16.1%, supported by lower copra prices and a better product mix. Net profit also exceeded analyst estimates of ₹533 crore, although revenue missed the ₹4,050 crore estimate.

Marico Q2 FY27 Financial Results

Metric	Q2 FY27	Q2 FY26	Change	Estimate	Beat/Miss
Revenue	₹3,897 crore	₹3,450 crore	+13.0%	₹4,050 crore	Miss
EBITDA	₹709 crore	₹560 crore	+27.0%	₹699 crore	Beat
EBITDA Margin	18.19%	16.1%	+209 bps	17.3%	Beat
Profit Before Tax	₹674 crore	₹550 crore	+22.5%	—	—
Net Profit	₹550 crore	₹420 crore	+31.0%	₹533 crore	Beat
Basic EPS	₹4.24	₹3.24	+30.9%	—	—

India and International Business Performance

Marico's India business generated ₹2,916 crore in revenue, with underlying volume growth of 10%. Its international business grew 23% to ₹981 crore.

Segment	Q2 FY27 Revenue	Q2 FY26 Revenue	Growth
India	₹2,916 crore	₹2,655 crore	—
International	₹981 crore	₹795 crore	+23%

Key Brand Performance

• Parachute: Volume growth reached 13%, with market share rising to 60%.
• Value-Added Hair Oils: Value growth of 21%.
• Foods: Growth of 45%, crossing a ₹1,500 crore annualised revenue run rate.
• Premium Personal Care: Annualised revenue run rate crossed ₹500 crore.

Corporate Updates

Marico appointed Rajan Bharti Mittal as Lead Independent Director, effective November 2, 2026.

The company also signed agreements to increase its stake in Plix (Satiya Nutraceuticals) to 84.09% on a fully diluted basis. The remaining stake acquisition is expected in July 2027.

Marico Share Performance

Period	Return
1 Day	0.00%
5 Days	+3.02%
1 Month	+2.20%
6 Months	+3.04%
1 Year	+10.92%
5 Years	+41.14%

Key Takeaway: Marico delivered strong profit growth and improved margins in Q2 FY27. Its India and international businesses performed well, while growth in foods and personal care added momentum. However, revenue remained below analyst expectations.

What was Marico's net profit in Q2 FY27?

Marico's consolidated net profit increased 31% to ₹550 crore from ₹420 crore.

What was Marico's revenue in Q2 FY27?

Revenue grew 13% year-on-year to ₹3,897 crore.

How much did Marico's EBITDA increase?

EBITDA rose 27% to ₹709 crore compared with ₹560 crore last year.

What was Marico's EBITDA margin in Q2 FY27?

EBITDA margin improved to 18.19% from 16.1% in Q2 FY26.

Did Marico beat analyst expectations in Q2 FY27?

Marico beat estimates for net profit and EBITDA, but revenue came below the expected ₹4,050 crore.

What was Marico's profit before tax in Q2 FY27?

Profit before tax increased 22.5% to ₹674 crore.

What was Marico's basic EPS in Q2 FY27?

Basic EPS increased to ₹4.24 from ₹3.24 a year earlier.

How did Marico's India business perform?

India revenue reached ₹2,916 crore, supported by underlying volume growth of 10%.

How much did Marico's international business grow?

International revenue increased 23% to ₹981 crore in Q2 FY27.

What was Parachute's volume growth in Q2 FY27?

Parachute recorded 13% volume growth, with market share reaching 60%.

How did Marico's value-added hair oils business perform?

The value-added hair oils segment recorded 21% value growth.

How much did Marico's foods business grow?

Marico's foods business grew 45%, crossing a ₹1,500 crore annualised revenue run rate.

What is Marico's premium personal care revenue run rate?

The premium personal care business crossed a ₹500 crore annualised revenue run rate.

Who was appointed Lead Independent Director of Marico?

Rajan Bharti Mittal was appointed Lead Independent Director, effective November 2, 2026.

What is Marico's latest stake acquisition plan in Plix?

Marico plans to increase its stake in Plix (Satiya Nutraceuticals) to 84.09% on a fully diluted basis.

When is Marico expected to acquire the remaining stake in Plix?

The remaining stake acquisition is expected to be completed in July 2027.

What supported Marico's EBITDA margin improvement?

Lower copra prices and a better product mix supported the improvement in EBITDA margin.

How did Marico shares perform over one year?

Marico shares gained 10.92% over one year, based on the supplied performance data.

What was Marico's five-year share return?

Marico shares recorded a 41.14% gain over five years.

What are the key highlights of Marico's Q2 FY27 results?

Key highlights include 31% net profit growth, 13% revenue growth, improved EBITDA margins and strong performance in foods and international businesses.