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Marico Limited Releases Q2 and H1 FY 2026 Unaudited Consolidated Financial Results and Appoints Rajan Bharti Mittal as Lead Independent Director

Company's Board approved unaudited financials for the quarter and half year ended September 30, 2026, with leadership update effective November 2, 2026

Marico Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Alongside, the company appointed Mr. Rajan Bharti Mittal as Lead Independent Director effective November 2, 2026. The financial results were reviewed by B S R & Co. LLP and include consolidated data from 21 subsidiaries across multiple regions.

12 hours ago|MARICO+6.07%
Marico LimitedBSE:531642NSE:MARICOFinancial Results

Marico Limited

Financial Results

Marico Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The Board also appointed Mr. Rajan Bharti Mittal as the Lead Independent Director effective November 2, 2026.

The unaudited consolidated financial results cover the period from April 1, 2026 to September 30, 2026, encompassing multiple subsidiaries across diverse regions including Bangladesh, Middle East, South Africa, Southeast Asia and others.

The audit firm B S R & Co. LLP conducted a limited review of these results in compliance with Indian Accounting Standard 34 (Ind AS 34) and regulations prescribed by the Securities and Exchange Board of India.

The results include financial contributions from 21 subsidiaries and associate entities, with significant total assets reported prior to consolidation adjustments.

Along with the financial disclosures, Marico's Board appointed Mr. Rajan Bharti Mittal (DIN: 00028016) as the Lead Independent Director with effect from November 2, 2026, signifying a leadership update.

The Board meeting commenced at 11:30 a.m. on November 2, 2026, and covered both financial approvals and governance decisions.

Highlights

  • Unaudited standalone and consolidated financial results approved for the quarter and half year ended September 30, 2026.
  • Appointment of Mr. Rajan Bharti Mittal as Lead Independent Director effective November 2, 2026.
  • Results reviewed by B S R & Co. LLP following regulatory standards including Ind AS 34.
  • Consolidated financials include 21 subsidiaries across India, Middle East, Bangladesh, South Africa, and Southeast Asia.
  • Board meeting started at 11:30 a.m. on November 2, 2026, ensuring timely disclosures and governance updates.

Key Data Snapshot

Financial periodQuarter and half year ended September 30, 2026
Board meeting dateNovember 2, 2026
Lead Independent Director appointedRajan Bharti Mittal (DIN: 00028016)
Appointment effective dateNovember 2, 2026
Audit firmB S R & Co. LLP
Total subsidiaries included in consolidated results21
Start time of Board meeting11:30 a.m.

What happened

  • Marico Limited’s Board approved the unaudited standalone and consolidated financial results for Q2 and H1 FY 2026, ending September 30, 2026.
  • The results include consolidated financial data from 21 subsidiaries spanning multiple countries.
  • The Board appointed Mr. Rajan Bharti Mittal as Lead Independent Director effective November 2, 2026.
  • The meeting started at 11:30 a.m. and covered both financial approvals and governance matters.

Key details

  • Financial results and Limited Review Reports were prepared and reviewed as per Indian Accounting Standard 34 (Ind AS 34) and SEBI Listing Regulations.
  • The audit was a limited review, conducted by B S R & Co. LLP in compliance with applicable standards.
  • Subsidiaries include entities in Bangladesh, Middle East, South Africa, Southeast Asia and India itself.
  • The appointment of Lead Independent Director is effective immediately as per November 2, 2026.

Regulatory and governance context

  • Disclosure made under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
  • The unaudited financial statements comply with recognition and measurement principles under Indian GAAP and Ind AS 34 for interim reports.
  • Board appointments and financial disclosures have been made publicly available on Marico’s website for investor reference.
  • Limited review audit does not constitute full audit but is in compliance with regulatory requirements.

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Marico Limited Releases Q2 and H1 FY 2026 Unaudited | Stockk News