Marico retains Saugata Gupta as MD & CEO for two years
Gupta has been serving as Managing Director and CEO since 2014.
INDIA – Marico Limited, an Indian multinational consumer goods company, has confirmed the extension of Saugata Gupta’s tenure as Managing Director and Chief Executive Officer for an additional two years.
The company’s Board of Directors approved the decision during a meeting on May 2, 2025, with Gupta’s renewed term set to run from April 1, 2026, to March 31, 2028.
The announcement was also communicated to the stock exchanges on the same day.
Gupta joined Marico in 2004 as Head of Marketing and rose rapidly through the organization, taking charge as CEO of the India Business in 2007.
He has been serving as Managing Director and CEO since 2014, playing a key role in steering the company’s expansion and transformation across both Indian and global markets.
Financial highlight
In Q4 FY25, Marico reported revenue from operations of ₹2,730 crore(USD 323.5 million), marking a 20% year-on-year increase.
This performance was driven by a 7% underlying volume growth in the India business and a 16% growth in the international business on a constant currency basis.
For the full fiscal year 2025, the company posted revenue from operations of ₹10,831 crore(USD 1.28 billion), reflecting a 12% year-on-year rise.
Saugata Gupta, MD & CEO commented, “The fiscal year 2024-25 has closed on a momentous note with consolidated revenues crossing the ₹10,000 cr.(USD 1.19 billion) mark.”
“As set out at the start of the year, we have met our double-digit revenue growth aspiration, backed by top quartile volume growth in the India business and robust growth in the International business.”
The value-added hair oil segment had a 1% growth in value terms, driven by consistent performance in the mid and premium tiers of the portfolio.
The premium personal care segment sustained strong quarterly growth, with its Digital-first portfolio surpassing expectations by exiting FY25 at an annualised run rate of around ₹750 crore(USD 88.88 million).
Geographically, South Africa grew 13%, led by the Hair Care category, while NCD and Exports rose by 16%.
Bangladesh recorded 11% constant currency growth, reflecting the strength of its business model despite macroeconomic challenges.
The MENA region posted a strong 47% growth, driven by solid performances in the Gulf and Egypt.
Marico expects a steady recovery in core categories of its India business, supported by easing retail and food inflation, a favourable monsoon outlook, and strengthened GT partnerships under Project SETU.
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