Meanwhile, Marico said its consolidated revenue for Q4FY26 grew year-on-year in early 20s, enabling it to meet FY26 aspiration of mid-20s revenue growth. The India business delivered high single-digit underlying volume growth, while the Parachute franchise saw selective price cuts to pass on the benefit of lower copra costs. Value-added hair oils (VAHO) posted growth in the 20s and the company expects double-digit VAHO growth in FY27 and over the medium term, aided by focus on the portfolio’s mid and premium segments, enhanced direct reach through project SETU, and better affordability after the goods and services tax (GST) rate rationalization.
