Marico reports 27% YoY revenue growth in Q3FY26
The India business grew 28% YoY, with 8% volume growth
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Published: Jan 27, 2026 5:22 PM | 1 min read
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Marico has reported strong financial performance for Q3FY26 (ended 31 December 2025), with consolidated revenue from operations rising 27% year-on-year (YoY) to Rs 3,537 crore. Profit after tax (excluding one-offs) grew 12% YoY to Rs 447 crore, while EBITDA reached Rs 592 crore, up 11% YoY, with an EBITDA margin of 16.7%, down 234 basis points.
The India business contributed Rs 2,681 crore, growing 28% YoY, driven by an 8% volume growth and strategic price interventions across core portfolios. E-commerce and quick commerce channels continued to lead growth, complemented by improved traction in traditional trade.
The international business maintained robust momentum with 21% constant-currency growth, with markets such as Vietnam and South Africa rebounding strongly. Bangladesh posted 29% CCG, while MENA and South Africa grew 17% and 16%, respectively.
Marico’s advertising and promotional expenses rose 15% to Rs 336 crore in Q3 FY26, from Rs 293 crore in the same period last year, representing 9.5% of total revenue.
Marico also announced a strategic investment in Zea Maize Private Limited, acquiring a 93.27% stake in the premium gourmet snacking brand 4700BC, with the option to acquire the remainder after three years.
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