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Dabur targets double-digit growth as monsoon, inflation trends align

Chairman Mohit Burman says easing inflation and a normal monsoon support Dabur's strategy to grow revenue and profit via premiumisation, acquisitions, and rural expansion

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To frame this vision, the company enlisted McKinsey & Co to help refine and align its strategies for the next three years. | File Image: Dabur

Akshara Srivastava New Delhi

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Homegrown fast-moving consumer goods (FMCG) company Dabur India is eyeing a sustainable double-digit growth rate in both revenue and net profit, supported by normal monsoon and easing inflation, chairman Mohit Burman told shareholders of the company on Thursday.
 
“Looking ahead, we are optimistic. The signs are encouraging. A normal monsoon is on the cards, inflation is easing, and the broader economy is showing signs of steady recovery,” said Burman at the company’s 50th annual general meeting.
 
The maker of Hajmola candy and Real fruit juices has outlined a target of achieving a sustainable double-digit compound annual growth rate in both