Dabur Q4 net jumps 17.6 percent

Dabur India Limited Tuesday reported a 17.62 percent increase in its consolidated net profit to Rs.200.55 crore for the quarter ended March 31, 2013, from Rs.170.51 crore during the corresponding period previous year.

Total income of the company has increased to Rs.1,566.63 crore for the period under review from Rs.1,383.22 crore during like period a year ago.

Strong growth across key categories like health supplements, OTC health care, hair care, foods and home care helped the firm end the fourth quarter of 2012-13 financial year with a 12 percent surge in consolidated net sales to Rs.1,531.09 crore, Dabur informed the Bombay Stock Exchange (BSE).

Consolidated net sales stood at Rs.1,363.58 crore in the same quarter last year.

"The domestic consumer (FMCG) business reported an over 15 percent growth during the quarter, driven by a volume growth of over 12 percent. This is the highest volume growth reported by us in 11 straight quarters. The business has performed well on all operating parameters," company CEO Sunil Duggal said.

The firm recorded a 21.6 percent growth in EBITDA during the quarter under review.

The company ended the 2012-13 fiscal with a 16.3 percent surge in net sales to end the year at Rs 6,146.38 crore, up from Rs 5,283.17 crore a year earlier.

Net profit for the last fiscal marked an 18.37 percent growth to Rs.763.42 crore from Rs.644.89 crore for the previous financial year.