India, Nov. 20 -- Marico Ltd, the makers of famous brands such as parachute, saffola, and livon, delivered a robust topline performance in Q2-FY26. Revenues were buoyed by domestic strength, premiumisation, and continued momentum in digital-first brands. Despite a challenging raw material environment, particularly in copra, it delivered steady profitability, and maintained growth visibility into the second half. As a recent report by Elara Securities highlighted, "Marico posted robust topline growth, which was broad-based."

Another brokerage house, Emkay, underscored the near-term margin challenges, and noted that the second quarter was shaped by inflation. "Given the sharp inflation in copra prices, gross margin contracted by 810 basis ...