The Indian consumer goods maker Marico announced on October 5, 2026, that it anticipates a double-digit percentage growth in consolidated revenue for the second quarter, driven by robust domestic demand for its premium products.
Strong Domestic Performance
Marico's India business reported underlying volume growth reaching double digits. The company's higher-end value-added hair oils segment, which includes premium and specialized products, has seen growth in the twenties for the sixth consecutive quarter.
Premiumisation Trend
Marico is among the Indian consumer companies benefiting from the trend of premiumisation, as consumers increasingly opt for higher-end products across various categories, from food to personal care. The cost of copra, a key raw material for Marico, remains approximately 35% below peak levels, providing further support to the company's growth.
