Marico Share Price in Focus; Reports Q3FY26 Operating Performance Update

Marico Limited has released an update on its operating performance for the quarter ending December 31, 2025. The company has observed steady demand trends, with a positive outlook on consumption improvements due to easing inflation and lower GST rates. 

India Business Performance 

During Q3 FY26, Marico's India business experienced high single-digit volume growth, showing a slight sequential improvement.  

The Parachute brand demonstrated resilience despite elevated input costs, recording a marginal volume decline. Saffola Oils had a muted quarter, while Value Added Hair Oils grew in the 20s, supported by strategic focus and GST rate rationalisation. 

International Business Momentum 

The international segment maintained robust momentum, with constant currency growth in the early 20s.  

Bangladesh led the growth, while Vietnam and South Africa returned to double-digit growth due to targeted initiatives. Consolidated revenue growth stood in the high 20s on a year-on-year basis. 

Key Input Price Trends 

Copra prices corrected by approximately 30% from their highs, with expectations of further decline. Vegetable oil prices remained elevated, while crude oil derivatives were stable. These factors are anticipated to improve gross margins sequentially. 

Read More: Tamilnad Mercantile Bank Share Price Rise 3% After Strong Q3 FY26 Business Update! 

Brand Investments and Profit Growth 

Marico continued investing in brand-building to strengthen long-term equity and diversify its portfolio. Operating profit growth is expected to reach double digits year-on-year, driven by improved gross margins and strategic investments. 

Marico Share Price Performance  

As of January 02, 2026, at 3:30 PM, Marico share price on NSE was closed at ₹757.75 down by 0.36% from the previous closing price. 

Conclusion 

Marico's Q3 FY26 update highlights steady demand trends and strategic growth initiatives. With positive volume growth in India and strong international performance, the company is well-positioned to achieve its revenue aspirations. 

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