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MARICO
Quarterly Results Analysis [Mar2026]

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MARICO Quarterly Results

Consolidated Mar2026
UnAudited
Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Revenues ₹3,333 Cr ₹3,537 Cr ₹3,482 Cr ₹3,259 Cr ₹2,730 Cr ₹2,794 Cr ₹2,664 Cr ₹2,643 Cr
Expenses ₹2,812 Cr ₹2,945 Cr ₹2,922 Cr ₹2,604 Cr ₹2,272 Cr ₹2,261 Cr ₹2,142 Cr ₹2,017 Cr
Operating Income ₹521 Cr ₹592 Cr ₹560 Cr ₹655 Cr ₹458 Cr ₹533 Cr ₹522 Cr ₹626 Cr
Other Income ₹60 Cr ₹39 Cr ₹49 Cr ₹56 Cr ₹47 Cr ₹42 Cr ₹82 Cr ₹37 Cr
Interest ₹17 Cr ₹14 Cr ₹12 Cr ₹10 Cr ₹12 Cr ₹13 Cr ₹11 Cr ₹17 Cr
Depreciation ₹60 Cr ₹50 Cr ₹47 Cr ₹45 Cr ₹52 Cr ₹44 Cr ₹41 Cr ₹41 Cr
Profit Before Tax ₹504 Cr ₹567 Cr ₹550 Cr ₹656 Cr ₹441 Cr ₹518 Cr ₹552 Cr ₹605 Cr
Profit After Tax ₹408 Cr ₹460 Cr ₹432 Cr ₹513 Cr ₹345 Cr ₹406 Cr ₹433 Cr ₹474 Cr
EPS ₹3.01 ₹3.44 ₹3.23 ₹3.91 ₹2.66 ₹3.09 ₹3.28 ₹3.60
Industry Peers & Returns1W1M1Y
MARICO 2% 11.1% 14.5%
NESTLE INDIA -1.2% 19.5% 26.7%
VARUN BEVERAGES -4.1% 15.3% -2.2%
BRITANNIA INDUSTRIES -7.8% -2.6% 1.2%
JUBILANT FOODWORKS -6.1% 3.4% -34.9%
HATSUN AGRO PRODUCT -5.6% 2.3% 7.9%
DEVYANI INTERNATIONAL -5.5% 9.1% -36.6%
BIKAJI FOODS INTERNATIONAL -3.8% 2.5% -4.2%
LT FOODS -5.3% 0.2% 18.7%

MARICO Quarterly Revenues

Revenues
Q-o-Q

-5.77 %

Y-o-Y

22.09 %

Quarters Revenues % Change
Mar2026 ₹3,333 Cr
-5.77
Dec2025 ₹3,537 Cr
1.58
Sep2025 ₹3,482 Cr
6.84
Jun2025 ₹3,259 Cr
19.38
Mar2025 ₹2,730 Cr
-2.29
Dec2024 ₹2,794 Cr
4.88
Sep2024 ₹2,664 Cr
0.79
Jun2024 ₹2,643 Cr -

MARICO Quarterly Operating Profit

Operating Profit
Q-o-Q

-11.99 %

Y-o-Y

13.76 %

Quarters Operating Profit % Change
Mar2026 ₹521 Cr
-11.99
Dec2025 ₹592 Cr
5.71
Sep2025 ₹560 Cr
-14.50
Jun2025 ₹655 Cr
43.01
Mar2025 ₹458 Cr
-14.07
Dec2024 ₹533 Cr
2.11
Sep2024 ₹522 Cr
-16.61
Jun2024 ₹626 Cr -
Operating Margins
Q-o-Q

-6.63 %

Y-o-Y

-6.85 %

Quarters Operating Margin% % Change
Mar2026 15.63%
-6.63
Dec2025 16.74%
4.10
Sep2025 16.08%
-20.00
Jun2025 20.1%
19.79
Mar2025 16.78%
-12.05
Dec2024 19.08%
-2.60
Sep2024 19.59%
-17.31
Jun2024 23.69% -

MARICO Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

-11.30 %

Y-o-Y

18.26 %

Quarters Profit After Tax % Change
Mar2026 ₹408 Cr
-11.30
Dec2025 ₹460 Cr
6.48
Sep2025 ₹432 Cr
-15.79
Jun2025 ₹513 Cr
48.70
Mar2025 ₹345 Cr
-15.02
Dec2024 ₹406 Cr
-6.24
Sep2024 ₹433 Cr
-8.65
Jun2024 ₹474 Cr -
PAT Margins
Q-o-Q

-5.92 %

Y-o-Y

-3.16 %

Quarters PAT Margin(%) % Change
Mar2026 12.24 %
-5.92
Dec2025 13.01 %
4.83
Sep2025 12.41 %
-21.16
Jun2025 15.74 %
24.53
Mar2025 12.64 %
-13.01
Dec2024 14.53 %
-10.58
Sep2024 16.25 %
-9.37
Jun2024 17.93 % -

MARICO Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

-12.50 %

Y-o-Y

13.16 %

Quarters EPS % Change
Mar2026 ₹3.01
-12.50
Dec2025 ₹3.44
6.50
Sep2025 ₹3.23
-17.39
Jun2025 ₹3.91
46.99
Mar2025 ₹2.66
-13.92
Dec2024 ₹3.09
-5.79
Sep2024 ₹3.28
-8.89
Jun2024 ₹3.6 -

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