Fast moving consumer goods company Dabur India on Monday posted a 13.4 per cent jump in its consolidated net profit for 2011-12 at Rs 644.9 crore . Sales crossed the $1-billion mark on robust growth in domestic and international markets. The company had posted a net profit of Rs 568.6 crore in 2010-11. For 2011-12, net sales rose by 29.5 per cent to Rs 5,283.2 crore, compared to Rs 4,077.4 crore in 2010-11.
Dabur India chief executive Sunil Duggal said, “We have managed our business dynamically through a combination of judicious price increases and greater focus on cost efficiencies to deliver profitable and sustainable growth.”
The company's board recommended a final dividend of 75 per cent, which brings the total dividend for the year to 130 per cent. The performance during the year had been satisfying with significant growth across all key brands, he added.
Consolidated net sales of the company rose by 38% to Rs 2,465.9 cr