Dabur's second-quarter profit increased by 4.6-pc to Rs 505 crore, Stock up
Dabur's second-quarter profit increased by 4.6-pc to Rs 505 crore, Stock up
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Dabur India Ltd, a leading FMCG company, reported a 4.64 percent increase in consolidated net profit for the September quarter, to Rs 505.31 crore, boosted by double-digit volume growth in the domestic market. Dabur India said in a BSE filing that the company had a consolidated net profit of Rs 482.86 crore in the July-September quarter last year.

The reported quarter's revenue from operations increased 11.98 percent to Rs 2,817.58 crore, compared to Rs 2,516.04 crore in the previous fiscal quarter. This was aided by "underlying industry-leading volume growth of 10 percent in the domestic FMCG business," according to a post-earnings statement from Dabur India. Dabur noted that sales and market share increased across the board, from Ayurvedic medicines to hair care, oral care, homecare, and food & beverages.

Dabur India's stock closed at Rs. 598.45 per share on Tuesday, up Rs. 1.40 from the previous day's close on the National Stock Exchange.

 

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