Marico's Bold Growth Amid Geopolitical Pressures

Marico, a leading homegrown FMCG company, announced that it experienced substantial revenue growth in the March quarter of FY26, rising in the low twenties on a year-on-year basis. The increase was driven by strategic pricing and a robust hair oil and international business performance.

Despite a stable demand sentiment within the FMCG sector, Marico highlighted the ongoing geopolitical tensions in the Middle East as a factor to closely watch. However, the firm expressed optimism for gradual improvement in consumption trends in upcoming quarters.

Marico's international business sustained significant progress, with growth in the high teens in constant currency terms, although regions such as the Gulf were impacted by geopolitical headwinds. The company remains focused on delivering consistent volume-led revenue growth, aided by easing copra prices and strategic pricing of its products.