Dabur net jumps 15% to Rs 160 cr

Dabur India, a fast moving consumer goods major, has posted a rise of 15.36 per cent in its profit at Rs 160.35 crore for the quarter ended September compared with Rs 139 crore in the corresponding previous quarter.

The company's net sales during the period grew to Rs 972.77 crore from Rs 847.8 crore during the period, up 14.74 per cent.

The company also declared an interim dividend of Rs 0.50 per share.

Total expenditure during the quarter under review stood at Rs 112.08 crore against Rs 98.4 crore, a rise of 13.9 per cent. The basic earning per share was Rs 0.92 compared with Rs 0.80 last year in the same quarter.

In the consumer care business, company's registered a growth of 14.96 per cent in its revenue while in the foods business, revenue moved up to Rs 124.37 crore from Rs 107.10 cror, up 16.13 per cent.

On the National Stock Exchange, the shares of Dabur were trading weak at Rs 103.75, down 1.14 per cent at 2:27 pm.