Shares of Dabur India on Friday closed at Rs513.70 per share down by 2.69 percent as compared to the previous close of Rs. 527.90 on the National Stock Exchange (NSE)

Results:  Leading  FMCG (Fast moving consumer goods) company Dabur India Ltd on Friday reported 23.72 percent rise in consolidated net profit at Rs 493.50 crore for December quarter 2020-21, helped by the expansion of the distribution network and consumer-centric innovations. The company had posted a net profit of Rs 398.87 crore in December quarter a year ago, Dabur India said in the Stock Exchange filing.

Revenue from operations was up at Rs 2,728.84 crore during the quarter under review from Rs 2,352.97 crore in the same period a year ago. According to the company, this is the highest-ever quarterly revenue and profits. "The benefits from its distribution footprint enhancement initiatives, coupled with strong innovation to meet the emerging consumer needs, helped Dabur end the third quarter of 2020-21 with its highest-ever quarterly revenue and profits," said Dabur India in an earning statement. Total expenses in the quarter under review were at Rs 2,218.68 crore, up 15.25 per cent as against Rs 1,924.94 crore in the year ago period.

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