 "Dabur, Dabur India")
Consumer goods major Dabur India on Thursday warned that soaring inflation during the second quarter could lower its operating margin by around 150-200 basis points year-on-year, while revenue likely grew in mid-single digits.
"During the quarter, inflation was at peak levels which impacted gross margins," Dabur said in a regulatory filing.
However, the maker of toothpaste and packaged juices expects easing commodity prices to help improve margins in the second half of the year. India's retail inflation accelerated to 7% in August on surging food prices after dipping to 6.71% in July. Consumer price inflation data for September is expected
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