Dabur posts weak show in March quarter; investors eye rural success

Revenues fell 12.3% and pre-tax profit dropped 22.5% in March quarter

Dabur’s share price shed just 1 per cent on Wednesday, even as the company reported a worse-than-expected performance in the March 2020 quarter (Q4).

Supply chain disruptions saw Dabur’s domestic volumes plunge 14.6 per cent, its worst-ever and much lower than the expectations of up to 4 per cent decline. All the segments -- health care, home, and personal care and foods -- witnessed a double-digit fall in revenue. A soft showing by its international business didn’t help. Thus, the top line fell 12.3 per cent year-on-year to Rs 1,865.4 crore, again missing estimates of Rs 2,132 crore, even as