Consumption slowdown hits Dabur India profitability, PBT down 2.5% in Q2

Continued slowdown in consumption in the local market has hit Dabur India’s profitability. The fast-moving consumer goods major on Tuesday declared 2.5 per cent drop in its profit before tax (PBT) for the July-September quarter. The firm’s PBT declined from Rs 473.7 crore last year to Rs 461.8 crore. Apart from poor uptake, its bottom line was impacted by a one-time impairment in value of investments to the tune of Rs 40 crore.

During the quarter, the company clocked 4.1 per cent year-on-year (YoY) growth in consolidated revenue from operations, from Rs 2,125 crore to Rs 2,212 crore. While the India