Marico Q2 net profit rises 29% to ₹558 cr on strong volume growth
Marico moved higher in a quarterly results development.
· BS Companies
Marico's Q2 net profit rose 29.16% to ₹558 crore, driven by 10% underlying volume growth in India and strong performance across its foods and personal care portfolios.
The analysis
Marico reported ₹558 cr and ₹558 crore, with movement of 29%, 10% and 29.16% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.2% on the day at ₹887.75, and has returned +4.2% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The fmcg sector has moved -4.8% over the same period, so Marico is running 9.0 points ahead of its peers.
For Marico, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Marico (MARICO), in FMCG.
- Over three months: Marico +4.2% against FMCG -4.8% (9.0 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| MaricoMARICO · FMCG | ₹887.75 | -0.3% | +12.4% | +4.2% | -0.3% | 1.1× | — |
FMCG
1M +2.1% · 3M -4.8%
Marico
Prices as of 5 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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