EL7.AI
StocksMedium•2 November 2026•
3 min read

Marico’s Q2 Results Disclosure Scheduled for November 2, With No Confirmed Figures

Key Facts

1Consolidated operating revenue was 3,957 crore rupees in the first quarter of fiscal 2027, up 23% year over year.
2Marico reported operating revenue of 3,482 crore rupees and EBITDA of 560 crore rupees in the second quarter of fiscal 2026.
3Net income was 420 crore rupees and profit before tax was 550 crore rupees in the quarter ended September 2025.
4The company targeted revenue of more than 15,000 crore rupees in fiscal 2027.

The Indian exchange’s disclosure page shows that the meeting to approve the results was scheduled for November 2, 2026, according to the review in the results file. The evidence therefore contains no verified figures to report profit or revenue growth or compare results with analyst expectations. The attached sources also do not substantiate claims that the EBITDA margin widened or EBITDA increased. The record for the quarter ended September 2025 shows profit before tax of 550 crore rupees, while net income was 420 crore rupees.

Marico’s published second-quarter fiscal 2026 results provide a documented basis for historical comparison: operating revenue was 3,482 crore rupees, up 31% year over year. The company recorded EBITDA of 560 crore rupees, with a margin of 16.1% in the same period. These figures are for the second quarter of fiscal 2026 and do not represent second-quarter fiscal 2027 results. Livemint’s data for the quarter ended September 2025, meanwhile, report total revenue of 3,482 crore rupees and net income of 420 crore rupees. The data distinguish net income from profit before tax, which was 550 crore rupees, clarifying where the draft’s profit figure was confused.

In the latest documented results in the evidence, Marico reported consolidated operating revenue of 3,957 crore rupees in the first quarter of fiscal 2027, up 23% year over year. The company said growth came alongside an 11% increase in its India business volume and 15% constant-currency growth in its international business. Revenue from the India business was 3,003 crore rupees, up 21% year over year in the quarter. Marico also reported year-over-year growth of 25% in EBITDA and net profit, the highest growth rate for both items in 28 quarters. It said the EBITDA margin reached 20.7%, up 40 basis points year over year.

In its first-quarter results, the company pointed to broadening business activity indicators: more than 96% of its business maintained or increased market share, and more than 99% maintained or improved market penetration, measured on a rolling 12-month basis. It said e-commerce continued to grow at an accelerating pace, led by growth of more than 50% in quick commerce. Advertising and promotion investment rose 25% year over year in the same quarter. These indicators describe first-quarter performance, and the attached sources provide no basis to treat them as causes of, or predictors for, second-quarter results. The evidence also contains no data on the stock’s or market’s reaction to the second-quarter results.

For fiscal 2027, Marico said it is targeting revenue of more than 15,000 crore rupees and EBITDA growth in the high teens. The company forecast high-single-digit growth in its India business volume and mid-teens constant-currency growth in its international business. These are company targets and forecasts for the full fiscal year, not reported second-quarter results. The confirmed date in the evidence for approval of the quarter’s results remains November 2, 2026, while the attached materials do not provide the actual results figures.