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Latest news about Marico

Marico Concludes Income Tax Survey, Cooperates Fully with Authorities 2 days ago

Marico Limited announced the completion of an income tax survey conducted at its offices and manufacturing sites across India. The company fully cooperated with the Income Tax Department's action under Section 133A of the Income Tax Act, 1961. Marico stated that no additional updates are required, suggesting no material findings from the survey that would necessitate further disclosure under SEBI regulations.

Marico Shareholders Overwhelmingly Approve Bhaskar Bhat's Appointment as Independent Director 4 days ago

Income Tax Officials Conduct Survey at Marico Offices 10 days ago

Marico to Acquire Remaining 46% Stake in True Elements Owner for Rs 138 Crores Sep 11, 2025

Marico Expands Hair Care Portfolio with Parachute Advansed Olive Enriched Coconut Hair Oil Sep 09, 2025

More news about Marico

16Aug 25

Marico's Food Business Set to Surpass Edible Oil Segment Within Four Years

Marico Limited's food business, under the Saffola brand, is expected to surpass its edible oil vertical in the next 3-4 years. The food segment has crossed Rs 900 crore, contributing 11% to Marico's domestic business with 33% growth. Marico aims for 25% growth in the food segment, focusing on expanding product lines including oats, honey, and snacks. The company targets Rs 20,000 crore in revenue by 2030, with a strategy of high single-digit growth in core business, over 20% growth in diversified business, and double-digit growth in international business.

13Aug 25

Marico Appoints Former Titan MD Bhaskar Bhat as Independent Director

Marico Limited has announced the appointment of Bhaskar Bhat as an Additional Director in the capacity of Independent Director. The appointment is for a five-year term starting October 1, 2025, subject to shareholder approval. Bhat, former Managing Director of Titan Company Limited, brings over four decades of corporate experience. He currently holds positions as Independent Chairman of Kansai Nerolac Paints Limited and Independent Director at several other companies. Bhat's appointment is pending shareholder approval through a postal ballot process.

11Aug 25

Marico Sets Ambitious Growth Targets: Double-Digit Expansion and 25% Annual Revenue Increase

Marico, a leading Indian consumer goods company, has announced ambitious growth plans. The company aims for double-digit growth in the next two quarters and a 25% revenue growth target for the year. This strategy suggests confidence in market demand, potential operational enhancements, and possible market expansion plans. The announcement may attract investor attention and set a new performance benchmark for the company.

05Aug 25

Marico Posts Strong Q1 Results with 19.4% Revenue Growth

Marico Limited reported robust Q1 financial results, with consolidated revenue from operations increasing 19.4% year-on-year to Rs. 3,259.00 crore. The company's consolidated Profit After Tax (PAT) attributable to owners rose by 46.9% to Rs. 504.00 crore. Profit Before Tax (PBT) grew by 48.8% to Rs. 656.00 crore. Basic earnings per share increased by 47.2% to Rs. 3.90. The Board of Directors approved these results on August 4, and they were published in newspapers on August 5.

05Aug 25

Marico Reports Strong Q1 Performance with 23% Revenue Growth

Marico Limited reported robust Q1 financial results with consolidated revenue increasing 23% year-on-year to ₹3,259.00 crore. India business revenue grew 27% to ₹2,495.00 crore, while international business saw 19% constant currency growth. EBITDA rose 5% to ₹655.00 crore, and PAT increased 9% to ₹504.00 crore. The company aims to reach ₹20,000.00 crore in revenue over the next 5 years, targeting 25% revenue growth and high single-digit volume growth. Marico is focusing on expanding premium portfolios and implementing Project SETU for growth in General Trade.

04Aug 25

Marico Posts Strong Q1 Results, Expects Consistent Growth Ahead

Marico Limited reported robust Q1 financial results with consolidated revenue of ₹3,259.00 crore, up 23% year-on-year. PAT grew 9% to ₹504.00 crore, while EBITDA increased 5% to ₹655.00 crore. India business revenues rose 27% to ₹2,495.00 crore, with growth across key segments. International business saw 19% constant currency growth. The company expects to maintain strong volume and revenue momentum despite inflationary pressures.

04Aug 25

Marico's Q1 Profit Surges 9.6% to ₹5.04 Billion, Beating Estimates

Marico Limited's Q1 consolidated net profit rose 9.6% year-over-year to ₹5.04 billion, exceeding analysts' expectations. Revenue grew 23.5% to ₹32.60 billion. EBITDA increased 4.1% to ₹6.56 billion, with margin compression to 20.10%. The India segment generated ₹2,495.00 crore in revenue, while the international business contributed ₹764.00 crore. Total assets stood at ₹8,954.00 crore, with total liabilities at ₹4,247.00 crore.

03Aug 25

Marico Q1 Results Preview: Analysts Project 21% Revenue Growth Led by Parachute and Saffola

Marico Ltd. is scheduled to release its quarterly financial results on Monday. Analysts project significant growth with revenue expected to reach Rs 3,198.00 crore (21% growth), net profit of Rs 488.00 crore (3% growth), and EBITDA of Rs 650.60 crore (4% growth). The hair oil segment, particularly Parachute coconut oil, and the edible oil segment with Saffola are anticipated to be key growth drivers. Multiple brokerages maintain 'Buy' ratings with target prices ranging from Rs 810.00 to Rs 820.00. However, margin pressure due to high copra prices remains a potential challenge.

24Jul 25

Marico Founder Harsh Mariwala Advocates for CEO Tenure Limits as Company Issues New Equity Shares

Harsh Mariwala, founder of Marico Limited, suggests CEOs should change every 10-15 years. Marico allotted 18,26,069 equity shares to WEOMA Trust as part of its Employee Stock Option Plan 2016, increasing paid-up share capital to 1,29,78,25,359 shares. New shares were issued at Rs. 714.95 each, with a premium of Rs. 713.95.

24Jul 25

Marico Founder Advocates CEO Tenure Limits as Company Issues New Equity Shares

Marico's founder Harsh Mariwala suggests CEOs should change every 10-15 years. The company approved allotment of 18,26,069 equity shares to WEOMA Trust for ESOP 2016. This increased Marico's total equity shares to 1,29,78,25,359 and paid-up share capital to Rs. 1,29,78,25,359. New shares priced at Rs. 714.95 each, including Rs. 713.95 premium.

24Jul 25

Marico Founder Harsh Mariwala Advocates for CEO Tenure Limits

Harsh Mariwala, founder of Marico, suggests CEOs should change every 10-15 years. Known for his innovative approach, Mariwala's stance reflects a progressive view on corporate governance. Marico, under his leadership, has become a multinational consumer goods company with popular brands like Saffola and Parachute. This perspective could influence discussions on leadership practices in Indian corporations, emphasizing the balance between continuity and innovation in top management roles.

04Jul 25

Marico Ltd Shares Surge 4% on Strong Q1 Business Update

Marico Ltd reported significant growth across various segments in its Q1 business update. The company's India business achieved a multi-quarter high in underlying volume growth, driven by positive trends in core franchises and expansion of new business segments. Saffola Oils segment showed impressive performance with revenue growth in high twenties and mid-single-digit volume growth. Marico's international business also demonstrated strong performance across most markets. The positive update led to a 4% increase in Marico's share price.

03Jul 25

Marico Reports Strong Q1 Performance with Revenue Growth and Rural Market Rebound

Marico's Q1 results show robust growth with consolidated revenue increasing in the low twenties year-on-year. The company experienced its highest volume growth in several quarters in its Indian business. While Parachute oil saw a slight volume decline, Saffola oils and value-added hair oils showed growth. The international business grew in high teens in constant currency terms. Rural markets showed notable improvement, while urban markets remained stable. Marico anticipates some pressure on gross margins in the first half of the fiscal year but expects improvement in the second half.

20Jun 25

Marico Ltd. Sees Significant Block Trade on NSE

A block trade of approximately 442,711 shares of Marico Ltd. was executed on the National Stock Exchange at Rs. 690.00 per share, totaling Rs. 30.55 crores. This transaction highlights substantial investor activity in the FMCG company's stock and may indicate changing positions of large institutional investors or shifts in market sentiment towards Marico.

16Jun 25

Marico Faces Potential Challenges as Global Coconut Oil Prices Surge

Marico Limited, a leading Indian consumer goods company, may face challenges due to a significant rise in global coconut oil prices. Indonesia, the world's top exporter, has seen prices increase by over 10% month-on-month and nearly double year-on-year, reaching $2,741.50 per metric ton. This surge could impact Marico's profit margins, necessitate pricing strategy adjustments, and require supply chain optimization. The company may need to reevaluate its product portfolio and explore alternative sourcing options to mitigate the effects of rising costs.

11Jun 25

Marico Ltd. Sees Significant Block Trade: 501,638 Shares Change Hands

A significant block trade of approximately 501,638 Marico Ltd. shares occurred on the National Stock Exchange. The transaction was executed at Rs. 699.20 per share, totaling Rs. 35.07 crores. This large-scale trade indicates substantial investor activity in Marico's stock, potentially reflecting institutional interest or shifts in large investor holdings. The specific reasons for the trade and the parties involved were not disclosed.

04Jun 25

Marico Expands Portfolio with Saffola Cold Pressed Oils Launch

Marico Limited is launching a new range of cold pressed oils under its Saffola brand, marking its entry into the premium, health-focused segment of the edible oils market. This strategic move aims to meet growing consumer demand for healthier, less processed cooking oils. The expansion is expected to strengthen Marico's position in the premium oils segment, cater to health-conscious consumers, and potentially increase competition in the cold pressed oils market.

05May 25

Marico Sets Ambitious Growth Targets: Double-Digit Revenue and Profit Expansion on the Horizon

Marico Limited has announced strategic growth plans, targeting double-digit revenue and operating profit growth in the upcoming year. The company aims to double its revenue from Rs 10,000 crore to Rs 20,000 crore, although no specific timeline was provided. This ambitious plan suggests Marico may pursue aggressive expansion strategies, including product line expansion, increased market penetration, exploration of new markets, and potential mergers and acquisitions.

05May 25

Marico Unveils Ambitious Growth Strategy, Targeting Digital and Food Segments

Marico Limited projects annual volume growth exceeding 5%, with a base case of 7%. The company aims to grow its digital-first portfolio 2.5 times by FY2027 with double-digit EBITDA margins. Marico's foods portfolio is expected to grow 25% over the medium term, reaching 8 times its FY2020 scale. Margin pressures are anticipated to ease from Q2 end.

05May 25

Marico Anticipates Volume Growth as Inflation Moderates in Q2

Marico Limited anticipates improved volume growth and revenue in the upcoming quarter as the market shifts from hyperinflation to moderate inflation. The company plans to implement strategic pricing measures and maintain stable sales volumes. However, these projections depend on the stability of vegetable oil prices, a key input cost for Marico's products. This outlook provides insights into the broader Indian consumer goods sector, suggesting potential benefits for other FMCG companies as inflation moderates.

05May 25

Marico Surpasses Q4 Expectations, Announces ₹7 Per Share Dividend; Shares Rise 5%

Marico Limited reported strong Q4 FY2024 results, with net profit rising 7.86% to ₹3.43 billion, exceeding analyst estimates of ₹3.35 billion. Revenue grew 19.84% to ₹27.30 billion. The company achieved 7% volume growth and 20% revenue growth, expecting double-digit revenue growth in FY26. Marico's board recommended a final equity dividend of ₹7 per share for FY2024-25. Following the results, Marico's shares gained up to 5%, with several brokerages upgrading their ratings or raising price targets.

02May 25

Marico Reports Strong Q4 Results and Optimistic FY26 Outlook

Marico Limited reported robust financial results for Q4 FY24-25 with consolidated revenue growing 20% YoY to ₹2,730 crore. Full-year revenue reached ₹10,831 crore, up 12% from the previous year. Q4 highlights include 7% India business volume growth and 16% international business constant currency growth. Net profit increased by 8% to ₹343 crore in Q4 and by 10% to ₹1,629 crore for the full year. The company's India business showed strong momentum across segments, while the international business delivered stellar performance in key markets. Marico's management expressed optimism for FY26, expecting double-digit revenue and operating profit growth. The Board recommended a final dividend of ₹7 per equity share, bringing the total dividend for FY24-25 to ₹10.50 per share.

02May 25

Marico Reports Strong Q4 FY25 Results: Revenue Up 20%, Net Profit Rises 8%

Marico Limited reported robust financial results for Q4 and FY25. Q4 revenue increased by 20% to Rs. 2,730.00 crore, with net profit up 8% to Rs. 343.00 crore. FY25 saw 12% revenue growth to Rs. 10,831.00 crore and 8% increase in net profit to Rs. 1,629.00 crore. India business volume grew 7% in Q4, while international business posted 16% constant currency growth. The company's diversification strategy showed success with strong performance in Foods and Premium Personal Care segments. Marico expects to maintain double-digit revenue growth momentum in FY26.

03Apr 25

Marico Reports High-Teen Revenue Growth in Q4 FY24, Aims for Double-Digit Growth

Marico Limited announced high-teen consolidated revenue growth for Q4 FY24, with stable demand across markets. The company expects marginal operating profit growth year-on-year. India business showed improved volume growth and market shares. Parachute Coconut Oil and Saffola Oils saw significant revenue growth. International business delivered mid-teen constant currency growth. Marico aims for low double-digit revenue growth in FY25 and plans to focus on sustainable, profitable volume-led growth.

26Mar 25

Marico Expands Southeast Asian Presence: Vietnam Approves Merger of Beauty X with MSEA

Marico Limited's Vietnamese subsidiary, Marico South East Asia Corporation (MSEA), has received regulatory approval to merge with Beauty X. This strategic move is expected to strengthen Marico's position in the Southeast Asian market, potentially leading to operational synergies, market expansion, and a stronger competitive stance in the region's consumer goods sector.

05Mar 25

Marico Ltd. Sees Block Trade of 323,539 Shares Worth Rs. 19.10 Crores

Marico Ltd. experienced a significant block trade on the National Stock Exchange, involving 323,539 shares at Rs. 590.50 per share, totaling Rs. 19.10 crores. This substantial transaction suggests potential institutional activity or major shareholder adjustments in the FMCG giant's stock.

28Feb 25

Marico Faces Uncertainty in Achieving 10% Volume Growth Target

Marico, a leading Indian consumer goods company, has expressed uncertainty regarding the timeline to achieve its 10% volume growth target. This revelation highlights challenges in the consumer goods sector, potentially indicating fluctuating consumer demand and changing market conditions. The news may impact investor sentiment and could reflect broader industry trends. Marico may need to reassess its strategies to navigate the uncertain market landscape.

24Feb 25

Marico Shakes Up Oats Market with Innovative Saffola Cuppa Oats Launch

Marico Limited has introduced Saffola Cuppa Oats, a new product in the oats category designed for quick and convenient snacking. Ready in 4 minutes with just boiling water, it comes in Magic Masala and Spicy Mexicana flavors. The product features a blend of oats, millets, and multigrain bites, adhering to Saffola's 'No Nasties' promise with high fiber, protein, and no artificial additives. Available in retail stores and quick-commerce platforms, this launch aims to cater to the health-conscious, busy modern consumer.