Dabur Q1 profit falls 6% to Rs 341 cr; revenue dips 12.9% to Rs 1,979.9 cr

Dabur said during the quarter the company introduced a record number of new products and variants anchored on the consumer need for health, immunity and hygiene

Homegrown FMCG major Dabur India Ltd on Thursday reported a 6.18 per cent decline in its consolidated net profit at Rs 341.30 crore for the quarter ended June 30, 2020, due lower revenue from operations.

It had posted a net profit of Rs 363.81 crore in the April-June period of the last fiscal.

Revenue from operations for the quarter under review was down 12.90 per cent to Rs 1,979.98 crore, as against Rs 2,273.29 crore in the corresponding quarter of the previous fiscal, Dabur India said in a BSE filing.

"We entered this crisis from a position of strength. We were growing at