Marico Limited , a prominent Indian consumer goods company, has received a significant recognition for its commitment to sustainability and responsible business practices. The company announced on December 10, 2025, that it has been awarded an Environmental, Social, and Governance (ESG) rating of 78 for the fiscal year 2025 by NSE Sustainability Ratings Analytics Limited (NSE Sustainability), placing it in the 'Leader' category.

ESG Rating Details

NSE Sustainability, a SEBI-registered ESG Rating Provider, independently assessed Marico's performance across Environmental, Social, and Governance parameters. The rating was communicated to Marico on December 9, 2025. Here's a breakdown of the key information:

Independent Assessment

It's important to note that Marico did not engage NSE Sustainability for this ESG assessment. The rating was determined independently by the rating provider, underscoring the objectivity of the evaluation process.

Significance of the Rating

The 'Leader' category designation signifies that Marico has demonstrated strong performance in managing its environmental impact, social responsibilities, and governance practices. This recognition may potentially enhance Marico's appeal to environmentally and socially conscious investors and stakeholders.

Transparency and Disclosure

In line with regulatory requirements, Marico has made this information publicly available. The company stated that the detailed intimation can be accessed on their official website at https://marico.com/india/investors/documentation/shareholder-info .

This ESG rating serves as a testament to Marico's efforts in integrating sustainable practices into its business operations. As investors and consumers increasingly prioritize sustainability, such ratings can play a crucial role in shaping perceptions and investment decisions related to the company.

Marico's achievement in the ESG space reflects a growing trend among Indian corporations to prioritize sustainable and responsible business practices, aligning with global standards and investor expectations.

Marico Limited , a leading Indian FMCG company, has reported a 7% volume growth in its India business for the second quarter, despite facing disruptions due to the implementation of revised GST rates in September. The company also witnessed an unprecedented 60% pricing growth in its Parachute brand, driven by copra inflation.

Key Highlights

• 7% volume growth in India business
• 60% pricing growth in Parachute due to copra inflation
• Revenue growth hit multi-quarter highs
• Double-digit EBITDA growth expected in the second half
• Copra prices declined 15% from July peaks
• Maintains Rs. 20,000 crore revenue target by 2030

Financial Performance

Marico's performance in Q2 was marked by steady demand trends in July and August, followed by transitionary disruptions in trade channels due to GST rate revisions in September. Despite these challenges, the company managed to deliver a 7% volume growth in its India business.

The company's flagship brand, Parachute, experienced an unprecedented 60% pricing growth year-on-year, primarily due to significant inflation in copra prices. Despite this substantial price increase, Parachute managed to maintain its market share, demonstrating remarkable pricing power and consumer loyalty.

GST Impact and Strategy

Approximately 30% of Marico's India business benefited from the recent GST rate rationalization. In line with the government's objectives, the company has passed on the benefits of reduced GST rates to consumers across relevant categories, either through price cuts or grammage increases in price point packs. This strategy aims to enhance product affordability and accessibility.

Outlook and Expectations

Marico remains optimistic about its future performance, citing several favorable factors:

1. Easing inflation
2. Supportive government policies
3. Transformative GST reforms
4. Favorable monsoons
5. Healthy crop outlook

These factors are expected to boost disposable incomes and aid consumption across urban and rural markets.

Copra Prices and Margin Outlook

The company reported that copra prices have declined by 15% from their July peaks. Marico anticipates further correction in copra prices by March, which is expected to positively impact margins. As a result, the company expects to deliver double-digit EBITDA growth in the second half of the fiscal year.

Long-term Target

Marico remains confident in its trajectory and expects to make meaningful progress towards its ambitious goal of reaching Rs. 20,000 crore in revenue by 2030.

Saugata Gupta, MD & CEO of Marico Limited, commented on the company's performance, stating, "We have delivered an encouraging performance in the first half with both the Indian and international business progressing in tandem. We remain focused on executing our strategic priorities for the year and expect to sustain the positive growth momentum across India and overseas business in the quarters ahead."

As Marico navigates through the evolving market dynamics, investors and industry observers will be keenly watching the company's ability to maintain its growth momentum while managing input cost pressures in the coming quarters.