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Dabur India Q1 net profit surges 25% to Rs 3.3 billion, sales jump 16%

Dabur's international business, which forms 30% of its sales, grew 10.5%(on constant currency) during the quarter backed by strong growth in markets like Saudi Arabia, Pakistan and Egypt

Dabur India Q1 net profit surges 25% to Rs 3.3 billion, sales jump 16%
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Arnab Dutta New Delhi
Dabur India’s profit after tax (PAT) went up 25 per cent year-on-year (y-o-y) to Rs 3.3 billion in the June quarter. This was owing to strong volume-led growth and softer commodity prices. It’s PAT stood at Rs 2.65 billion in the corresponding quarter. 

The ayurveda major’s net sales surged 16 per cent y-o-y to Rs 20.8 billion during the quarter from Rs 17.9 billion in the earlier period. During the quarter, Dabur’s volumes grew 21 per cent y-o-y — the highest in a decade for the company — helping its topline surge above Street estimates. 

According to Edelweiss Securities, its

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First Published: Jul 31 2018 | 10:09 PM IST

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