Interim report
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M marico make a difference August 4 , 2026 The Secretary , Listing Department , BSE Limited , Phiroze Jeejeebhoy Towers , Dalal Street , Mumbai - 400 001 Scrip Code : 531642 Dear Sir / Madam , The Manager , Listing Department , National Stock Exchange of India Limited , Exchange Plaza , C - 1 Block G , Bandra Kurla Complex , Bandra ( East ) , Mumbai - 400 051 Scrip Symbol : MARICO Sub : Outcome of the Board meeting held on August 4 , 2026 This is to inform you that the Board of Directors ( " Board " ) of Marico Limited ( " Company " ) has at its meeting held today i.e. August 4 , 2026 , inter - alia , approved the un - audited standalone and consolidated financial results of the Company for the quarter ended June 30 , 2026 ( “ Financial Results " ) . The Financial Results and Statutory Auditor's Limited Review Reports thereon are enclosed . The Board meeting commenced at 11:15 a.m. and subsequent to the approval of the above matters , will continue till its scheduled time up to 5:00 p.m. This intimation is also being made available on the Company's website at : https://marico.com/india/investors/shareholder/stock-exchange . Kindly take the above on record and oblige . Thank you . For Marico Limited Vinay M A Company Secretary & Compliance Officer Encl .: As above CIN : L15140MH1988PLC049208 E - mail : investor@marico.com Marico Information classification : Official Marico Limited Regd . Office : 7th Floor , Grande Palladium , 175 , CST Road , Kalina , Santacruz ( E ) , Mumbai 400 098 , India Tel .: ( + 91-22 ) 66480480 . www.marico.com
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B S R & Co. LLPChartered Accountants14th Floor, Central B Wing and North C WingNesco IT Park 4, Nesco CenterWestern Express HighwayGoregaon (East), Mumbai – 400 063, IndiaTelephone: +91 (22) 6257 1000Fax: +91 (22) 6257 1010 Registered Office:B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 201314th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063Page 1 of 4 Limited Review Report on unaudited consolidated financial results of Marico Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amendedTo the Board of Directors of Marico Limited1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Marico Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) for the quarter ended 30 June 2026 (“the Statement”) being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.4. The Statement includes the results of the entities mentioned in Annexure I to the Statement5. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.6. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.
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B S R & Co. LLPLimited Review Report (Continued)Marico Limited Page 2 of 4 7. We did not review the interim financial results of 3 Subsidiaries included in the Statement, whose interim financial results reflects total revenues (before consolidation adjustments) of Rs. 918 crores, total net profit after tax (before consolidation adjustments) of Rs. 162 crores and total comprehensive income (before consolidation adjustments) of Rs. 162 crores, for the quarter ended 30 June 2026, as considered in the Statement. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Parent’s management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.Our conclusion is not modified in respect of this matter.8. The Statement includes the interim financial results of 16 Subsidiaries which have not been reviewed, whose interim financial results reflects total revenues (before consolidation adjustments) of Rs. 464 crores, total net profit after tax (before consolidation adjustments) of Rs. 30 crores and total comprehensive income (before consolidation adjustments) of Rs. 30 crores, for the quarter ended 30 June 2026, as considered in the Statement. According to the information and explanations given to us by the Parent’s management, these interim financial results are not material to the Group.Our conclusion is not modified in respect of this matter.For B S R & Co. LLPChartered AccountantsFirm’s Registration No.:101248W/W-100022Vijay MathurPartnerMumbaiMembership No.: 04647604 August 2026UDIN:26046476GSDOCE1176
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B S R & Co. LLPLimited Review Report (Continued)Marico Limited Page 3 of 4 Annexure IList of entities included in unaudited consolidated financial results.Sr. No Name of component Relationship1 Marico Limited Parent2 Marico Bangladesh Limited Subsidiary3 Marico Middle East (FZE) (MME) Wholly Owned Subsidiary4 Marico Malaysia Sdn. Bhd Wholly Owned Subsidiary of MME5Egyptian American Investment and Industrial Development Company S.A.EWholly Owned Subsidiary of MME6 MEL Consumer Care SAE (MELCC) Wholly Owned Subsidiary of MME7 Marico Gulf LLC Wholly Owned Subsidiary of MME8 Marico Egypt for Industries S.A.E. Wholly Owned Subsidiary of MELCC9 Marico For Consumer Care Products SAE Wholly Owned Subsidiary of MELCC10Marico South Africa Consumer Care (Pty) Limited (MSACC)Wholly Owned Subsidiary11 Marico South Africa (Pty) Limited Wholly Owned Subsidiary of MSACC12 Marico South East Asia Corporation (MSEA) Wholly Owned Subsidiary13 Marico Lanka (Private) Limited Wholly Owned Subsidiary14 HW Wellness Solutions Private Limited Wholly Owned Subsidiary15Satiya Nutraceuticals Private Limited (‘SNPL’)Subsidiary16 Juizo Advisory Private Limited Wholly Owned Subsidiary of SNPL17 Cocosecrets Consumer Care LLC Wholly Owned Subsidiary18 Zea Maize Private Limited Subsidiary (w.e.f. 29 January 2026)
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B S R & Co. LLPLimited Review Report (Continued)Marico Limited Page 4 of 4 19 Cosmix Wellness Private Limited Subsidiary (w.e.f. 5 February 2026)20 Skinetiq Joint Stock Company Subsidiary of MSEA (w.e.f. 2 April 2026)21 Apcos Naturals Private LimitedWholly Owned Subsidiary (under voluntary liqudation)22 Zed Lifestyle Private LimitedWholly Owned Subsidiary (under voluntary liqudation)23 Welfare of Mariconions Trust (WEOMA) Employee Welfare Trust
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Rs. in croreYear ended June 30, 2026 (Unaudited) March 31, 2026 (Audited)(Refer note 9) June 30, 2025 (Unaudited)March 31, 2026 (Audited)1 Revenue from operations (Restated Refer Note no 7) 3,957 3,301 3,221 13,478 2 Other income 48 60 56 204 3Total income (1 + 2) 4,005 3,361 3,277 13,682 4Expenses(a) Cost of materials consumed 1,751 1,578 1,184 6,197 (b) Purchases of stock-in-trade 488 281 317 1,565 (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade(127) (24) 229 (203) (d) Employee benefits expense 269 237 220 916 (e) Finance cost 21 17 10 53 (f) Depreciation and amortisation expense 56 60 45 202 (g) Other expenses Advertisement and sales promotion (Restated Refer Note no 7)327 288 261 1,167 Others430 420 355 1,508 Total expenses 3,215 2,857 2,621 11,405 5Profit before tax (3 - 4) 790 504 656 2,277 6Tax expenseCurrent tax200 112 157 543 Deferred tax charge / (credit)(62) (16) (14) (79) Tax expense for the period 138 96 143 464 7Net profit for the period (5 - 6) 652 408 513 1,813 8Other comprehensive income / (loss)A. (i) Items that will not be reclassified to profit or loss Remeasurements of post employment benefit obligations (0) (3) 0 (2) (ii) Income tax relating to items that will not be reclassified to profit or loss Remeasurements of post employment benefit obligations 0 (0) 0 0 B. (i) Items that will be reclassified to profit or loss Exchange differences on translation of foreign operations9 36 (13) 72 Change in fair value of hedging instruments4 (2) (1) (5) (ii) Income tax relating to items that will be reclassified to profit or loss Change in fair value of hedging instruments(0) 1 (0) 2 Other comprehensive income / (loss) 13 31 (14) 67 9Total comprehensive income for the period (7+8)665 439 499 1,880 10Net profit attributable to:- Owners630 391 504 1,762 - Non-controlling interests22 17 9 51 11Other comprehensive income / (loss) attributable to:- Owners13 30 (14) 64 - Non-controlling interests(0) 1 0 3 12Total comprehensive income attributable to:- Owners643 421 490 1,826 - Non-controlling interests22 18 9 54 13Paid-up equity share capital (Face value of Re. 1/- per share)130 130 129 130 14Other equity 4,080 15Earnings per share (of Re. 1 /- each) ( Not annualised)(a) Basic (in Rs.)4.86 3.04 3.90 13.62 (b) Diluted (in Rs.)4.85 3.03 3.89 13.59 See accompanying notes to the financial results Sr. No. ParticularsQuarter endedMARICO LIMITEDSTATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 #Marico Information classification: Official Marico Information classification: Official
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Notes to the Marico Limited Consolidated financial results:1. The Consolidated unaudited financial results for the quarter ended June 30, 2026were reviewed by the Audit Committee and approved by the Board of Directors of Marico Limited ("the Company") at their meeting held on August 4, 2026 and are available on the - http://www.marico.com and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). These results have been subjected to limited review by the statutory auditors.2. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3. The Consolidated financial results for the quarter ended June 30, 2026, comprise results of Marico Limited, its subsidiaries and step-down subsidiaries in India, Bangladesh, UAE, Egypt, South Africa, Malaysia, Sri Lanka, Vietnam and USA. All the aforesaid entities are collectively called 'Marico'.4. The Company has undertaken an intragroup restructuring involving integration of business of a Just Herbsliquidation and distribution of entire business undertaking of Just Herbs to the Company on a going concern basis. Consequently, pursuant to the Letter of Distribution dated October 1, 2025 issued by the Liquidator of Just Herbs, the business undertaking of Just Herbs stands vested in the Company on a going concern basis and consolidated with that of the Company effective from October 1, 2025.Being a common control transaction in accordance with Appendix C of Ind AS 103- Business Combinations, this does not have any impact on the consolidated financial results of the Group.5. The Company has undertaken an intragroup restructuring involving integration of business of a wholly owned subsidiary, Zed LifestyleBeardoliquidation and distribution of entire business undertaking of Beardo to the Company on a going concern basis. Consequently, pursuant to the Letter of Distribution dated June 29, 2026 issued by the liquidator of Beardo, the business undertaking of Beardo stands vested in the Company on a going concern basis and consolidated with that of the Company effective from June 29, 2026.Being a common control transaction in accordance with Appendix C of Ind AS 103- Business Combinations, this does not have any impact on the consolidated financial results of the Group.
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6.has acquired 75% of total with effect from April 2, 2026. Skinetiq is an entity incorporated in Vietnam which owns the digital-. The fair value of assets and liabilities acquired have been determined by the Group and accounted for in accordance with IND AS 103 - "Business Combinations". The Group has an obligation to acquire the equity stake from NCI, contingent on achievement of certain business milestones at a future date and the same has been accounted for at the Present Value with a corresponding debit to Other equity in the consolidated financial results.Results for the quarter ended June 30, 2026 include the impact of the above transaction with effect from April 2, 2026 and are not comparable with other periods reported in the Statement.7. Based on an evaluation of the underlying commercial arrangement with customers, the Grouphas reclassified certain customer-related advertisement and promotional expenses during the quarter ended June 30, 2026. These amounts, previously included within Advertisement and Sales Promotion expenses, are now netted off from Revenue from Operations, as a change in accounting policy. The resulting change has been applied retrospectively through reclassification of the comparative figures for the quarter ended March 31, 2026, the quarter ended June 30, 2025, and the year ended March 31, 2026. The reclassification does not affect profit before tax and interest, profit before tax, profit after tax, earnings per share (EPS), or shareholders' equity.Rs in croresThe above reclassification had no impact on the net profit, total equity, cash flows or EPS of the Group for the comparative periods.
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8. In accordance with the Indian Accounting Standard - Ind AS 108, the Group has organized the business into two segments viz, India and International. Accordingly, the Group has reported its segmental results for these segments. Rs in Crores 9. The figures for the three months ended March 31, 2026, are arrived at as difference between audited figures in respect of full financial year and the unaudited published figures upto nine months ended December 31 of the relevant financial year. Also, the figures upto the end of third quarter had only been reviewed and not subjected to audit. Place Mumbai Saugata GuptaDate: August 04, 2026 Managing Director & CEO Marico Information classification: Official
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Marico Information classification: Official About Marico: Marico (BSE: 531642, NSE: “MARICO”) is one of India’s leading consumer products companies operating in the global beauty and wellness categories. During FY2025-26, Marico recorded a turnover of ₹ 136.1 billion (USD 1.5 billion) through its products sold in India and chosen markets in Asia and Africa. Marico touches the lives of 1 out of every 3 Indians, through its portfolio of brands such as Parachute, Saffola, Hair & Care, Parachute Advansed, Nihar Naturals, Mediker , Pure Sense, Coco Soul, Revive, Set Wet, Livon, Beardo, Just Herbs, True Elements, Plix, Cosmix and 4700BC. The overseas consumer products portfolio contributes to about 2 4% of the Group’s revenue, with brands like Parachute, Parachute Advansed, HairCode, Fiancée, Herbsindia, Purité de Prôvence, Ôliv, LASHE Superfood, Candid, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Thuan Phat and Isoplus. As part of Marico's Green Initiative, your Company wants to make its contribution to save the environment by sending its shareholders the Annual Report and other communication using the electronic medium. Therefore, Members holding shares in dematerialized form are requested to contact their respective Depository Participant to update their em ail address. Members can submit service requests in electronic mode through the website of the RTA using the weblink https://web.in.mpms.mufg.com/helpdesk/Service_Request.html or write to the RTA at investor.helpdesk@in.mpms.mufg.com. Marico Limited Reg Office: 7th floor, Grande Palladium, 175, CST Road, Kalina, Santacruz (East), Mumbai 400 098 Tel: (91-22) 6648 0480
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B S R & Co. LLPChartered Accountants14th Floor, Central B Wing and North C WingNesco IT Park 4, Nesco CenterWestern Express HighwayGoregaon (East), Mumbai – 400 063, IndiaTelephone: +91 (22) 6257 1000Fax: +91 (22) 6257 1010 Registered Office:B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 201314th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063Page 1 of 2 Limited Review Report on unaudited standalone financial results of Marico Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amendedTo the Board of Directors of Marico Limited1. We have reviewed the accompanying Statement of unaudited standalone financial results of Marico Limited (hereinafter referred to as “the Company”) for the quarter ended 30 June 2026 (“the Statement”) (in which are included interim financial information of its Employee Welfare Trust).2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report on the Statement based on our review.3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.4. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.5. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.6. The corresponding amounts for the year ended 31 March 2026, in so far as it pertains to business transferred from Zed Lifestyle Private Limited (“Beardo”), as stated in note 5 to the standalone financial results, are based on the audited financial statements of Beardo for the year ended 31 March 2026 which were audited by another auditor who had expressed an unmodified opinion on 01 May 2026. The corresponding amounts for the quarter ended 31 March 2026 pertaining to Beardo are balancing figures between the audited figures in respect of the full financial year 2025-26 and the unaudited year to date figures up to the third quarter of the previous financial year. Further, the corresponding amounts for the quarter ended 30 June 2025 pertaining to Beardo are unaudited. Further, the adjustments for the accounting effects of the business transfer have been reviewed by us.
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B S R & Co. LLPLimited Review Report (Continued)Marico Limited Page 2 of 2 Our conclusion is not modified in respect of this matter.For B S R & Co. LLPChartered AccountantsFirm’s Registration No.:101248W/W-100022Vijay MathurPartnerMumbaiMembership No.: 04647604 August 2026UDIN:26046476OGTOJD7246
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Rs. in croreYear endedJune 30, 2026 (Unaudited)March 31, 2026 (Audited)(Restated Refer Note no 5 & 7)June 30, 2025 (Unaudited) (Restated Refer Note no 4 & 5)March 31, 2026 (Audited)(Restated Refer Note No 5)1 Revenue from operations (Restated Refer Note no 6) 2,794 2,272 2,349 9,653 2 Other income 53 166 473 987 3Total income (1 + 2) 2,847 2,438 2,822 10,640 4Expenses(a) Cost of materials consumed 1,584 1,298 1,001 5,575 (b) Purchases of stock-in-trade 155 137 157 634 (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade(86) (4) 261 (132) (d) Employee benefits expense 163 154 145 603 (e) Finance cost 10 8 6 28 (f) Depreciation and amortisation expense 37 45 31 144 (g) Other expenses Advertisement and sales promotion (Restated Refer Note no 6) 155 141 103 523 Others280 252 235 977 Total expenses 2,298 2,031 1,939 8,352 5Profit before tax (3 - 4)549 407 883 2,288 6Tax expenseCurrent tax152 86 121 408 Deferred tax charge /(credit)(63) (23) (11) (82) Tax expense for the period89 63 110 326 7Net profit for the period (5 - 6)460 344 773 1,962 8Other comprehensive income / (loss)A. (i) Items that will not be reclassified to profit or loss Remeasurements of post employment benefit obligations - (1) - (0) (ii) Income tax relating to items that will not be reclassified to profit or loss Remeasurements of post employment benefit obligations - (0) - 0 B. (i) Items that will be reclassified to profit or loss Change in fair value of hedging instruments4 (2) (1) (5) (ii) Income tax relating to items that will be reclassified to profit or loss Change in fair value of hedging instruments(0) 1 (0) 1 Other comprehensive income / (loss) , net of tax4 (3) (1) (4) 9Total comprehensive income for the period (7 + 8) 464 341 772 1,958 10Paid-up equity share capital (Face value of Re. 1/- per share)130 130 129 130 11Other equity5,747 12Earnings per share (of Re 1 /- each) ( Not annualised)(a) Basic (in Rs.) 3.55 2.67 5.97 15.17 (b) Diluted (in Rs.) 3.54 2.66 5.96 15.13 See accompanying notes to the financial results Sr. No.ParticularsQuarter endedSTATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026MARICO LIMITED #Marico Information classification: Official Marico Information classification: Official
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Marico Information classification: Official Notes to the Marico Limited Standalone financial results: 1. The Standalone unaudited financial results for the quarter ended June 30, 2026 were reviewed by the Audit Committee and approved by the Board of Directors of Marico Limited ("the Company") at their meeting held on August 4, 2026 website - http://www.marico.com and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). These results have been subjected to limited review by the statutory auditors. 2. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 3. In accordance with the Indian Accounting Standard - Ind AS 108, the Company has disclosed segment results in consolidated financial results. 4. The Company has undertaken an intragroup restructuring involving integration of business of a Just Herbsliquidation and distribution of entire business undertaking of Just Herbs to the Company on a going concern basis. Consequently, pursuant to the Letter of Distribution dated October 1, 2025 issued by the liquidator of Just Herbs, the business undertaking of Just Herbs stands vested in the Company on a going concern basis and consolidated with that of the Company effective from October 1, 2025. The Company has accounted for this transaction as a common control business acquisition in accordance with Appendix C of Ind AS 103- Business Combinations. Accordingly, the amounts for the corresponding periods presented in these financial results have been restated to give effect to the aforesaid business restructuring as if the same had occurred from the beginning of the preceding period. Total Assets, Revenue from operations, expenses and profit after tax) for the periods presented. 5. The Company has undertaken an intragroup restructuring involving integration of business of a wholly owned subsidiary, Zed Lifestyle Beardoliquidation and distribution of entire business undertaking of Beardo to the Company on a going concern basis. Consequently, pursuant to the Letter of Distribution dated June 29, 2026 issued by the liquidator of Beardo, the business undertaking of Beardo stands vested in the Company on a going concern basis and consolidated with that of the Company effective from June 29, 2026. The Company has accounted for this transaction as a common control business acquisition in accordance with Appendix C of Ind AS 103- Business Combinations. Accordingly, the amounts for the corresponding periods presented in these financial results have been restated to give effect to the aforesaid business restructuring as if the same had occurred from the beginning of the preceding period. Total Assets, Revenue from operations, expenses and profit after tax) for the periods presented. Marico Information classification: Official
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Marico Information classification: Official 6. Based on an evaluation of the underlying commercial arrangement with customers, the Company has reclassified certain customer-related advertisement and promotional expenses during the quarter ended June 30, 2026. These amounts, previously included within Advertisement and Sales Promotion expenses, are now netted off from Revenue from Operations, as a change in accounting policy. The resulting change has been applied retrospectively through reclassification of the comparative figures for the quarter ended March 31, 2026, the quarter ended June 30, 2025, and the year ended March 31, 2026. The reclassification does not affect profit before tax and interest, profit before tax, profit after tax, earnings per share (EPS), or shareholders' equity. Rs in croresThe above reclassification had no impact on the net profit, total equity, cash flows or EPS of the Company for the comparative periods.7. The figures for the three months ended March 31, 2026, are arrived at as difference between audited figures in respect of full financial year and the unaudited published figures upto nine months ended December 31 of the relevant financial year. Also, the figures upto the end of third quarter have only been reviewed and not subjected to audit.Place Mumbai Saugata Gupta Date : August 04, 2026 Managing Director & CEO Marico Information classification: Official