The firm's PBT declined from Rs 473.7 crore last year to Rs 461.8 crore.
The net profit was impacted by one-time impairment in value of investments to the tune of Rs 40 crore
Consolidated net profit grew 7 per cent at Rs 403 crore as against Rs 377 crore in the year-ago quarter.
Weekly Technical Recommendations by Religare Broking Ltd.
Dabur experiments with the packaging and the brand narrative of its Odomos; but can it do so without diluting the promise?
Consolidated revenue grew 9.3 per cent for the quarter to Rs 2,273 crore, up from Rs 2,081 crore a year ago
Cousin Mohit becomes vice-chairman, nephew Aditya inducted into board
Though revenue rose by 4.7 per cent, net profit declined during the January-March period
Dabur's total expense was Rs 1,729.59 crore as against Rs 1,603.56 crore a year ago, up 7.85%
Long-term prospects, however, remain intact despite slowing demand
Total income in the December quarter stood at Rs 2,274.46 crore
We are now ramping up investment in advertising and promotion, through both above-the-line and below-the-line activities
Dabur's revenue from food business was at Rs 2.89 billion, up 2.33 per cent as against Rs 2.82 billion in the year-ago period
Dabur's international business, which forms 30% of its sales, grew 10.5%(on constant currency) during the quarter backed by strong growth in markets like Saudi Arabia, Pakistan and Egypt
Our higher than industry-average growth in past two quarters have helped us regain market share in categories such as oral care. Our strategies are different for separate categories, says Sunil Duggal
Under the erstwhile tax regime, capital goods that went into the production of goods in states that used to give area-based exemptions were not given input tax credit
Dabur's international sales in January-April period were up 16.8% in constant currency terms
FMCG major Dabur India today said it has completed acquisition of two South Africa-based companies -- D&A Cosmetics Proprietary Ltd and Atlanta Body & Health Products Proprietary Ltd -- through its subsidiary. The company had last year announced that it will acquire the two personal care products companies in South Africa for a total cash consideration of 50 million rands (about Rs 25 crore). In a stock exchange filing, Dabur India said its wholly owned subsidiary Dermoviva Skin Essentials Inc has acquired 100 per cent share capital of the companies. Accordingly, both the companies have become step down wholly owned subsidiary companies of Dabur India Ltd, it added. This is not Dabur's first acquisition in South Africa. In 2016, it had earlier acquired a South Africa-based Discaria Trading (PTY) Ltd. In April last year, the company had announced completion of acquisition of personal, hair care and creams businesses of South Africa based-CTL group of companies valued at USD 1.5
About 80 products will be launched in another six-to-eight month
Dabur India's chief executive officer Sunil Duggal shares his plans and insights with BS in an interview