Dabur Q4 profit flat at Rs 333 crore

Net sales down 4.8% y-o-y to Rs 1,909 cr due to economic slowdown in GCC markets

The net profit of Dabur India, the fast moving consumer goods (FMCG) major, inched up by 0.5 per cent to Rs 333.1 crore over a year before in the quarter-ended March. Net sales fell 4.8 per cent to Rs  1,909 crore, attributed to economic slowdown in the Gulf Cooperation Council markets.
 
After a six per cent dip in net sales during the December quarter, due to currency demonetisation, domestic sales improved this quarter. Sales by volume grew 2.4 per cent in India and revenue grew marginally to Rs 1,435 crore. Net profit improved by 5.3 per cent over a