Marico Boosts Domestic Volumes as FMCG Q1FY27 Strengthens
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.