Marico posts strongest volume growth in seven years with India business volumes rising 8% in FY26, signaling resilience in FMCG sector. The consumer goods giant reported consolidated revenue of 13,611 crore, up 26%, with profit after tax growing 8% year-on-year. MD Saugata Gupta attributes outperformance to large organised players' superior supply chain control and balance sheets, positioning them better than smaller competitors during volatile periods. With copra costs correcting 30-35%, input pressure easing, and rural demand steady, Marico expects to sustain high single-digit volume growth and double-digit revenue expansion. Premiumisation strategy and diversification will drive growth while quick commerce channels now account for 35-40% of e-commerce business, offering new scaling opportunities in emerging retail segments.
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