India's Marico beats quarterly profit view on volume-led growth in core categories

Marico

05/05/2026 09:25

May 5 (Reuters) - Indian consumer goods major Marico MRCO.NS reported a bigger-than-expected quarterly profit on Tuesday, helped by strong growth in its core Parachute oil business and continued momentum in value-added hair oils.

The consumer goods firm posted an 14% rise in profit to 3.91 billion rupees ($41 million) for the fourth-quarter ended March 31.

Analysts, on average, had expected 3.85 billion rupees, per data compiled by LSEG.

($1 = 95.3650 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru and Praveen Paramasivam in Chennai; Editing by Janane Venkatraman)

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