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
Stocks to Watch on May 8, 2025: Here is a list of stocks that will be on investors' and traders' radar on Thursday, May 8, 2025
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
Prime Minister Narendra Modi, who inaugurated the summit, said Madhya Pradesh is becoming a preferred business destination while adding that this is the right time to invest in the state
Company record net profit of Rs 522 crore, revenue rises 3.1% in Q3
Homegrown FMCG major Dabur India Ltd on Thursday reported a 1.85 per cent increase in consolidated net profit to Rs 515.82 crore in the December quarter. The company had posted a net profit of Rs 506.44 crore in the year-ago period, Dabur India said in a regulatory filing. Its revenue from operations was up 3 per cent to Rs 3,355.25 crore during the quarter under review. It was Rs 3,255.06 crore in the corresponding quarter of the previous fiscal year. Dabur India's total expenses were at Rs 2,826.20 crore, up 3.9 per cent in the December quarter. Total income of Dabur, which includes other income, was at Rs 3,483.28 crore, up 3 per cent. Shares of Dabur India Ltd were trading at Rs 535.10 on the BSE after lunch session, up 3.27 per cent from the previous close.
Executive chairperson has contended that her appointment is valid till 2028; Next hearing in the matter on February 4
In a statement, a spokesperson for the Burman family said Gaekwad has not made any competing open offer
FMCG giants like ITC, Nestle, Amul, and Dabur are expanding their e-commerce platforms across cities, offering up to 30 per cent discounts, aiming to boost customer base and direct sales
Many analysts have downgraded growth and margin expectations in response to the update
Stocks to Watch, Jan 6, 2025: From Nykaa to HDFC Bank, here is a list of stocks that will be on investors' radar today
The maker of Hajmola candy and Real fruit juice said rural consumption continued to be resilient and grow faster than urban in the third quarter
Dabur expects a "low single-digit growth" in the December quarter along with a "flattish operating profit" as the homegrown FMCG major faced inflationary headwinds in some of the segments. This forced Dabur to go for "tactical price increases" and tried to mitigate the inflationary pressure through cost-efficiency initiatives partially, Dabur informed in its quarterly updates on Friday. During the October-December period, rural consumption of FMCG was resilient and continued to grow faster. Alternative channels like modern trade, e-commerce, and quick commerce continued to post strong growth, while general trade, which mainly includes neighbourhood kirna stores was still under pressure in the October-December period. In the domestic market, Dabur's HPC (home & personal care) is expected to grow in the mid to high single digits, while Health Care is expected to be 'flattish' due to the delayed winter onset. "While the Beverages portfolio is expected to report muted performance, our
The Delhi High Court has sought Patanjali Ayurved's stand on a lawsuit by Dabur over advertisements allegedly disparaging its product Chyawanprash. On December 24, Justice Mini Pushkarna issued summons on the lawsuit to the defendants -- Patanjali Ayurved and Patanjali Foods Ltd -- for a reply in the matter. "Accordingly, let the plaint be registered as suit. Issue summons.. Let the written statement be filed by the defendants within thirty days from today," the order said. Dabur alleged that while promoting Patanjali Special Chyawanprash, fallacious and deliberate imputations were made, which defamed its product Dabur Chyawanprash -- a market leader with a share of more than 60 per cent. The court also issued notice on an application seeking an interim relief and posted the hearing on January 30. The plea said in the advertisements, the defendants have claimed only Patanjali Special Chyawanprash was the "original" and therefore "special" besides being "shreshtham/sarv-shreshth" o
The lawsuit alleges that an advertisement featuring Patanjali Ayurved founder Baba Ramdev falsely claims that only Patanjali's Chyawanprash is 'original'
The Religare open offer is priced at Rs 235 per share, amounting to Rs 2,116 crore
Shareholders of the firm to vote on Rashmi Saluja reappointment as director on Dec 31
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