Dabur India Q3 net rises 13%; GST, exchange rate impact topline growth

Consolidated revenue grows 6.1% to Rs 19.7 bn

Dabur India, the fast moving consumer goods major, posted Rs 3.33 billion net profit in December quarter. During the period, its profit surged 13 per cent year on year (y-o-y) from Rs 2.94 billion. Dabur’s operating revenue grew 6.1 per cent y-o-y – from Rs 18.5 billion in Q3FY17  to Rs 19.7 billion. However, lingering effects of goods and services tax (GST) and currency fluctuations impacted its topline.

GST and currency exchange rate brought down its revenue growth by 3.3 per cent and 3.6 per cent, respectively, as its adjusted growth rate during the quarter stood at 12.9 per cent,