Marico Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	136,110	108,310	96,530	97,640	95,120
Revenue Growth (YoY)	25.67%	12.20%	-1.14%	2.65%	18.19%
Cost of Revenue	75,590	54,830	48,290	54,100	54,870
Gross Profit	60,520	53,480	48,240	43,540	40,250
Selling, General & Admin	22,160	19,590	16,950	14,950	13,820
Other Operating Expenses	15,080	12,480	11,020	10,450	9,570
Operating Expenses	39,260	33,850	29,550	26,950	24,780
Operating Income	21,260	19,630	18,690	16,590	15,470
Interest Expense	-530	-350	-480	-320	-190
Interest & Investment Income	-	770	770	490	590
Currency Exchange Gain (Loss)	-	60	-330	40	-20
Other Non Operating Income (Expenses)	2,040	100	-160	-120	-90
EBT Excluding Unusual Items	22,770	20,210	18,490	16,680	15,760
Merger & Restructuring Charges	-	-10	-	-30	-50
Gain (Loss) on Sale of Investments	-	760	730	500	300
Gain (Loss) on Sale of Assets	-	200	150	280	-
Pretax Income	22,770	21,160	19,370	17,430	16,010
Income Tax Expense	4,640	4,580	4,350	4,210	3,460
Earnings From Continuing Operations	18,130	16,580	15,020	13,220	12,550
Minority Interest in Earnings	-510	-290	-210	-200	-300
Net Income	17,620	16,290	14,810	13,020	12,250
Net Income to Common	17,620	16,290	14,810	13,020	12,250
Net Income Growth	8.16%	9.99%	13.75%	6.29%	4.52%
Shares Outstanding (Basic)	1,294	1,293	1,292	1,292	1,291
Shares Outstanding (Diluted)	1,297	1,297	1,295	1,295	1,292
Shares Change (YoY)	-0.00%	0.09%	-0.01%	0.26%	0.09%
EPS (Basic)	13.62	12.59	11.46	10.08	9.49
EPS (Diluted)	13.59	12.56	11.43	10.05	9.49
EPS Growth	8.20%	9.89%	13.73%	5.90%	4.52%
Free Cash Flow	17,650	12,020	12,340	12,370	8,840
Free Cash Flow Per Share	13.61	9.27	9.53	9.55	6.84
Dividend Per Share	4.000	10.500	9.500	4.500	9.250
Dividend Growth	-61.91%	10.53%	111.11%	-51.35%	23.33%
Gross Margin	44.46%	49.38%	49.97%	44.59%	42.32%
Operating Margin	15.62%	18.12%	19.36%	16.99%	16.26%
Profit Margin	12.95%	15.04%	15.34%	13.33%	12.88%
Free Cash Flow Margin	12.97%	11.10%	12.78%	12.67%	9.29%
EBITDA	23,280	20,820	19,750	17,670	16,430
EBITDA Margin	17.10%	19.22%	20.46%	18.10%	17.27%
D&A For EBITDA	2,020	1,190	1,060	1,080	960
EBIT	21,260	19,630	18,690	16,590	15,470
EBIT Margin	15.62%	18.12%	19.36%	16.99%	16.26%
Effective Tax Rate	20.38%	21.64%	22.46%	24.15%	21.61%
Revenue as Reported	138,150	110,390	97,950	99,080	96,100
Advertising Expenses	13,000	11,280	9,520	8,420	7,960

Source: S&P Global Market Intelligence. Standard template. Financial Sources.