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Homegrown FMCG firm Dabur India Ltd on Thursday reported 6.53 per cent increase in consolidated net profit to Rs 444.79 crore in the September quarter. The company had posted a consolidated net profit of Rs 417.52 crore in the same quarter last fiscal year, Dabur India said in a regulatory filing. Consolidated revenue from operations during the quarter stood at Rs 3,191.32 crore as against Rs 3,028.59 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 2,758.33 crore as compared to Rs 2,634.40 crore in the corresponding period a year ago, the company said. "Despite a dynamic economic environment and transitional GST headwinds, we delivered robust topline and bottomline growth, reaffirming our leadership across core categories," Dabur India CEO Mohit Malhotra said. He further said, "Our India business reported market share gains across 95 per cent of the portfolio, a clear testament to our focused brand investments and deep consumer
Patanjali Ayurved on Friday approached the Delhi High Court challenging an order restraining it from running disparaging advertisements against Dabur Chyawanprash. At the outset, a bench of Justices C Hari Shankar and Om Prakash Shukla orally observed that it was a case of generic disparagement and the statements made by Patanjali are an obvious reference to respondent Dabur. The court warned Patanjali that in case it finds it to be a luxury litigation and a useless appeal, it will impose costs. You have said- 'Why settle for ordinary chyawanprash made with 40 herbs?' So when you have used the word 40 herbs, it is an obvious reference to the respondent (Dabur). The moment you say ordinary chyawanprash with 40 herbs you are making a representation to the public that the respondent's chyawanprash is ordinary and mine (Patanjali) is excellent and why settle for his chyawanprash, the bench told Patanjali's counsel. It said that the single judge has treated the advertisement as ...