Marico delivered its best quarterly profit performance in 28 quarters, with consolidated revenue rising 23% year-on-year to Rs. 3,957 crore for Q1 FY27, driven by strong India volume growth and steady international momentum.

The FMCG major raised its advertising and sales promotion (ASP) spend by 25% to Rs. 327 crore, now 8.3% of revenue, as it continued backing brand equity. EBITDA grew 25% to Rs. 819 crore, with margins expanding to 20.7%, while profit after tax climbed 25% to Rs. 630 crore – the company’s highest quarterly PAT growth in seven years.

India business revenue rose 21% to Rs. 3,003 crore, powered by 11% underlying volume growth – its strongest in 20 quarters – with quick commerce surging over 50%. Parachute Rigids grew 10% in volume, Value-Added Hair Oils rose 22% in value, and the Foods portfolio jumped 43%, crossing an annualised run rate of Rs. 1,300 crore. Saffola edible oils saw 7% revenue growth despite a volume dip from supply rationalisation.

Internationally, the business grew 15% in constant currency terms, led by Vietnam (27%), MENA (24%) and South Africa (8%), even as Bangladesh posted a modest 4% amid inflation pressures.

Marico reaffirmed its FY27 outlook, targeting revenue beyond Rs. 15,000 crore, high single-digit India volume growth, and continued expansion in Foods, Premium Personal Care and digital-first businesses. MD & CEO Saugata Gupta called the quarter a reflection of the company’s “strategic clarity, execution quality and growth model.”