Marico Limited — Important, 31-01-2025: Updates

Q3 FY25 results reflect a robust performance for Marico, with consolidated revenues reaching ₹2,794 crore, marking a 15% year-over-year increase. Volume growth in the India business was at 6%, and international operations achieved a constant currency growth of 16%. The India segment contributed ₹2,101 crore, up 17% YoY, largely driven by price hikes due to rising input costs.

Key highlights include a 31% value growth in Foods, nearing an annual run rate of ₹1,000 crore - fueled by successful brand expansions. Saffola Edible Oils posted a 24% revenue bump, despite a challenging pricing environment for raw materials. The Digital-first portfolio surpassed expectations, achieving around ₹600 crore in annual revenue.

The EBITDA margin settled at 19.1%, reflecting a 210 basis point decline driven by increased material costs, while the net profit after tax rose 4% YoY to ₹399 crore. With steady demand trends, Marico anticipates continued momentum in core categories and is positioned to maintain double-digit revenue growth through strategic initiatives and diversification efforts, particularly in the Foods and Premium Personal Care segments.