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Marico Boosts Domestic Volumes as FMCG Q1FY27 Strengthens

Marico logoMarico
Sig1.75Sen+2.90Env0.00Soc+0.60Gov+0.10
Nestlé India logoNestlé India
Sig1.65Sen+1.85Env0.00Soc0.00Gov0.00

Analysts said FMCG revenue growth accelerated to about 15% year-on-year as rural demand, premiumisation and consumption recovery improved. Marico posted 11% domestic volume growth and 25% PAT growth despite input-cost volatility. Margins were supported by low-cost inventory, but Q2FY27 is expected to face higher input costs, especially packaging, with risks including raw-material volatility and a weak monsoon.

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