FMCG major Marico reported a 0.7 per cent YoY profit decline in Q2 FY26. The company’s consolidated net profit declined to Rs 432 crore in Q2 FY26 from Rs 433 crore in the same quarter a year earlier.
However, Marico’s consolidated revenue from operations rose 30.7 per cent to Rs 3,482 crore in the September quarter of FY26. The company’s revenue was at Rs 2,664 crore in the corresponding period of FY25.
Marico margins contracts
“Gross margin contracted by 810 bps year-on-year, on a particularly high base, as sharp inflation in key commodities exerted incremental pressure in this quarter. Despite these headwinds, we continued to invest meaningfully to strengthen the long-term equity of our franchises and accelerate portfolio diversification, with A&P spending rising 19 per cent YoY,” Marico said in a statement.
Domestic and international business
In the September quarter, Marico’s revenue from the domestic market was at Rs 2,667 crore, up 34.76 per cent in the second quarter of FY’26 on a year-on-year basis. Similarly, its revenue from the ‘International’ market was at Rs 815 crore, up 19 per cent in the September quarter.
Marico’s total income, including other income, rose 28.58 per cent to Rs 3,531 crore in the September quarter. In the first half (H1) of FY’26, Marico’s total consolidated income was at Rs 6,846 crore, up 26.17 per cent.
