Dabur Q1 result: Net profit rises 8% to Rs 500 cr, net sales at Rs 3,349 cr

'The country's demand environment remains challenging, marked by high food inflation and unemployment rate,' says the FMCG firm

Indian fast-moving consumer goods (FMCG) company Dabur on Thursday reported an 8 per cent jump in its net profit in the first quarter of 2024-25 (Q1FY25). The net profit for the first quarter came in at Rs 500 crore, against the Rs 463 crore during the same period last year.

The maker of Real fruit juice and Hajmola candy reported a 7 per cent increase in net sales to Rs 3,349 crore, from Rs 3,130 crore in the corresponding period last year.

The company reported a volume growth of 5.2 per cent in the quarter.

“It’s been a good start to the new financial year as we drove sequential recovery in volume growth, driven by rural markets, to report industry-leading performance across our key verticals. This allowed us to plough higher investments behind our brands to drive market expansion and sustain our growth momentum,” said Mohit Malhotra, chief executive officer, Dabur India in an earnings release.

 

However, the company said that the country’s demand environment remains challenging, marked by high food inflation and unemployment rate.