Marico Ltd Reports Record Profit Surge with Strategic Growth Plans
Homegrown FMCG firm Marico Ltd reported a strong 18.26% rise in net profit for the March quarter, driven by robust domestic and international growth. The company aims for a double-digit revenue increase, eyeing a Rs 15,000 crore milestone by next fiscal year amid stable market conditions.
Marico Ltd, a prominent player in the FMCG sector, has announced an 18.26% increase in its consolidated net profit for the March quarter compared to last year. The company's revenue rose significantly by 25.7% to Rs 13,611 crore for FY26, largely due to robust domestic market performance and stable industry trends.
The company's entry into the international market has been notably successful, achieving a growth rate of 25%, despite geopolitical challenges in the Gulf region. This comes alongside a substantial domestic revenue climb of over 21%, propelled by market gains and a thriving e-commerce sector.
Marico plans to sustain its strategic growth trajectory, with a focus on crossing the Rs 15,000 crore revenue benchmark in the next fiscal year while anticipating strong, double-digit growth across domestic and international markets. The firm's leadership remains optimistic about overcoming macroeconomic challenges to achieve its ambitious long-term targets.
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