Dabur Q2 may be a blip, price fall may provide entry to long-term investors

India revenue declined 7.6 per cent Y-o-Y, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms

Dabur’s performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year on year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.

 

Sales declined 5.5 per cent to Rs 3,030 crore. Indian revenue declined by 7.6 per cent while secondary growth was 2.3 per cent. Ebitda dropped 16 per cent to Rs 550 crore, adjusted PAT decreased 17 per cent Y-o-Y to Rs 430