Marico's Q3 Revenue Soars in High Twenties; India Volumes See High Single-Digit Growth

• Marico reported consolidated revenue growth in the high twenties year-on-year for Q3 FY26, driven by strong domestic demand and international markets.
• India business saw high single-digit underlying volume growth, despite pricing actions and elevated input costs impacting some categories.
• The flagship Parachute brand experienced a marginal volume decline, but turned positive after adjusting for "ml-age reductions."
• Value-Added Hair Oils (VAHO) segment posted growth in the twenties, with plans for sustained double-digit growth through premium offerings and Project SETU.
• International markets achieved early twenties constant currency growth, led by Bangladesh, with Vietnam and South Africa returning to double-digit growth.

Why It Matters: Marico delivered robust Q3 FY26 results with strong revenue and international growth, alongside steady India volumes.