Marico Posts 14% Year-Over-Year Rise in Net Profit to ₹391 Crore, Declares ₹4 Per Share Dividend

Marico Posts Strong Quarter, Shares Rise Despite Initial Dip

Marico, the owner of the popular Parachute brand, released its financial results for the quarter ended March 31, 2026, posting a strong set of numbers that sent its stock price upwards. Despite an initial 2% decline, the stock eventually pared losses and ended the intraday session with a rise of less than 1%. The stock opened at ₹789.05 apiece on Tuesday, compared to its previous close of ₹784.55 on Monday.

In its quarterly results, Marico reported a 14% year-on-year (YoY) increase in consolidated net profit to ₹391 crore for the quarter ended March 31, compared to ₹343 crore in the corresponding period last year. On a sequential basis, however, profit declined 12.5% from ₹447 crore recorded in the December quarter.

A comparison of Marico's quarterly results can be seen in the table below:

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Consolidated revenue from operations grew 22% YoY to ₹3,333 crore in the fourth quarter, up from ₹2,730 crore a year ago. Sequentially, however, revenue slipped from ₹3,537 crore reported in the third quarter.

The company's EBITDA rose 14% YoY to ₹521 crore from ₹458 crore, though the EBITDA margin declined to 15.6% from 16.8% in the previous year.

Looking ahead, Marico expressed confidence in its India business, which recorded high single-digit underlying volume growth in Q4. The company anticipates healthy, volume-driven revenue growth, aiming for double-digit topline expansion to surpass ₹15,000 crore in FY27, along with EBITDA growth in the high-teens.

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In a separate development, Marico has proposed a final equity dividend of ₹4 per share for FY2025–26. The record date for reckoning the list of shareholders entitled to receive the final dividend has been set as Thursday, July 30, 2026. If approved by shareholders, the dividend will be paid on or before Saturday, September 5, 2026.

Despite weak market sentiments, Marico's share price has largely been positive. The stock has delivered 3.30% returns in a month and 3.42% in terms of year-to-date (YTD). Furthermore, the stock has gained over 8.33% in the last one year. Looking at the broader level, Marico stock has given 59.33% gains in three years and 72.73% in the last five years.