Sensex Today | Stock Market close: Barring Nifty PSU Bank and Nifty Oil & Gas, all other sectoral indices on the NSE settled lower
Dabur Q2 results: Dabur reported a 5.4 per cent year-on-year (Y-o-Y) rise in consolidated sales, led by 4.3 per cent growth in the domestic business, while India volume growth stood at 2 per cent.
Analysts largely agree that the toothpaste major's volumes and revenue were hit by a 'double whammy' of GST rate cuts and intensifying competition, with limited signs of a near-term recovery.
The maker of Real fruit juice said it faced "short-term moderation in sales" in the second quarter, adding that its operating profit will grow in line with the consolidated revenue
The company said in a statement that it expects second quarter revenue to grow in mid-single digits, with operating profit to grow at a similar pace
The Delhi High Court restrained Patanjali from using "40 herbs" in ads against Dabur Chyawanprash but said calling rivals "ordinary" was permissible puffery in advertising
Patanjali Ayurved on Friday approached the Delhi High Court challenging an order restraining it from running disparaging advertisements against Dabur Chyawanprash. At the outset, a bench of Justices C Hari Shankar and Om Prakash Shukla orally observed that it was a case of generic disparagement and the statements made by Patanjali are an obvious reference to respondent Dabur. The court warned Patanjali that in case it finds it to be a luxury litigation and a useless appeal, it will impose costs. You have said- 'Why settle for ordinary chyawanprash made with 40 herbs?' So when you have used the word 40 herbs, it is an obvious reference to the respondent (Dabur). The moment you say ordinary chyawanprash with 40 herbs you are making a representation to the public that the respondent's chyawanprash is ordinary and mine (Patanjali) is excellent and why settle for his chyawanprash, the bench told Patanjali's counsel. It said that the single judge has treated the advertisement as ...
Nifty FMCG rose 2.66 per cent in early deals after the Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman on Wednesday, simplified the GST structure
India’s FMCG market is witnessing a subtle but significant shift. For months, companies like HUL, Dabur, and ITC leaned heavily on rural demand.
Dabur shares rose 3 per cent after it reported a 2.8 per cent increase in net profit for the June quarter
Dabur attributed the modest growth to unseasonal summer rains, which impacted its beverage portfolio; rural demand continued to outperform urban
Dabur to deepen bets on power brands, health and wellness, and rural expansion to achieve sustainable double-digit growth by FY27-28, says its annual report
Technically, Hindustan Unilever looks the strongest for now, while ITC is seen trapped in a trading range for more than a year.
Dabur shares rose 4% on Monday, even as its consolidated revenue is expected to grow in low-single digits due to a decline in beverage sales
The firm said that India's consumer sector recorded a sequential recovery in demand in the April-June period, with volume growth picking up in urban markets
The Delhi High Court restrained Patanjali Ayurved from airing TV ads disparaging Dabur's Chyawanprash products, following Dabur's plea for an injunction against the allegedly defamatory campaign.
Homegrown FMCG major Dabur India will exit categories such as tea, adult and baby diapers, and sanitising products as part of rationalisation of its underperforming products, said CEO Mohit Malhotra. The company, aiming "to achieve sustainable double-digit CAGR by FY28 in both topline and bottomline" has renewed its strategy focus, building on its core strengths, he added. Dabur is going for "rationalisation of underperforming products and SKUS in order to release capital for bigger bets. A few examples of these are Vedic tea, adult & baby diapers and Dabur Vita," said Malhotra during the investors' call. These segments contribute less than 1 per cent to Dabur's revenue, which stood at Rs 13,113.19 crore in FY25. "So we will get out of these categories and focus on big, bold equities which we have identified, and the core portfolio is where we will invest," said Malhotra. Dabur, as per its new vision strategy, would continue to invest in core brands, would focus on premiumisation
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Despite a challenging operating environment, Dabur said it delivered 2.1 per cent constant currency revenue growth at ₹2,830 crore
FMCG companies have increased their promotional intensity with higher discounting in modern trade and e-commerce, which is a sign of competitive intensity