Homegrown FMCG major Dabur India Ltd on Thursday reported a 21.98 per cent decline in consolidated net profit at Rs 294.34 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 377.29 crore in the January-March period a year ago, Dabur India said in a BSE filing. Its revenue from operations rose 7.74 per cent to Rs 2,517.81 crore during the quarter under review, as against Rs 2,336.79 crore in the year-ago period. Total expenses stood at Rs 2,141.04 crore, up 8.7 per cent from Rs 1,969.54 crore in Q4 FY21. Shares of Dabur India Ltd were trading at Rs 529 on BSE, down 1.59 per cent.
Stocks to Watch: Adani Power, Adani Transmission, CEAT, Dabur India, Marico, Exide Industries, Happiest Minds Technologies, and Indus Towers will be in focus ahead of theur Q4 results.
The association told the Environment Ministry that companies need 18 months from the ministry's deadline of July 1 to make the transition
HUL hit a fresh 52-week low of Rs 1,942, down 4% in intra-day trade today. The stock has tanked 15% in the past two weeks.
In a bid to take over control of dry cell battery major Eveready Industries, the Burman family, the promoters of Dabur, informed that it made an open offer for an additional 26 per cent of the company
Insurance related stocks could see some action as the India Protection Quotient (IPQ) survey 4, stated that term insurance ownership has gone up from 36 per cent to 43 per cent in the last two years.
Move will help Dabur leverage IndianOil's reach via booklets given to consumers through OMC's delivery team. An app will also help customers order directly, and get the products delivered by this team
The company had posted a consolidated net profit of Rs 493.50 crore in the October-December quarter a year ago, Dabur India said in a BSE filing
Major FMCG stocks are not showing exciting structure on charts, better play is to avoid them.
According to a distributor, Marico has proposed to sell different packs in the traditional trade and organised B2B trade channels
According to the technical analyst from Anand Rathi, Dabur has seen some strong resurgence from its 200-DEMA in the recent period
Homegrown FMCG major Dabur India Ltd on Tuesday reported a 4.64 per cent rise in consolidated net profit at Rs 505.31 crore for the September quarter backed by a double-digit volume growth in domestic market. The company had posted a consolidated net profit of Rs 482.86 crore in the July-September quarter a year ago, Dabur India said in a BSE filing. Revenue from operations for the reported quarter was up 11.98 per cent to Rs 2,817.58 crore as against Rs 2,516.04 crore in the corresponding quarter of the previous fiscal. This was helped by "an underlying industry-leading volume growth of 10 per cent in the domestic FMCG business," said Dabur India a post-earnings statement. "Dabur India reported its fifth successive quarter of strong double-digit growth despite growing inflationary pressures impacting consumer sentiments," it added. All verticals of the business, from Ayurvedic medicines to hair care, oral care, homecare and food & beverages, reported growth in sales and market ..
Gold and steel related stocks are likely to hog the limelight in trades on Tuesday. The former on the account of Dhanteras, while the latter owing to hike in steel prices
After facing backlash on social media platforms and also from a politician from the ruling BJP, the company has withdrawn the ad campaign.
There are 578 active special purpose acquisition companies, with a combined capital of about $172 billion
The firm reported a 28.4 per cent jump in its profit after tax (PAT) on a year-on-year basis
The company had posted a net profit of Rs 341.30 crore in the April-June quarter a year ago, Dabur India said in a BSE filing.
Tata Sons arm Panatone Finvest picked up an 8 per cent stake in domestic telecom equipment maker Tejas Networks for over Rs 193 crore through an open market transaction
Homegrown FMCG major Dabur India on Monday said its Non-Executive Chairman Amit Burman has undergone a successful surgery in London for treating a case of aneurysm. Burman (52) is recuperating, Dabur India said in a regulatory filing, adding the surgery was successful and his health is improving. "Doctors are constantly monitoring his condition and have advised him to take rest," it added. Aneurysm is a bulge in a blood vessel caused by a weakness in the wall of the blood vessel. Burman, who started his career at Dabur's Industrial Engineering Department taking charge for induction of machinery, method improvements, manpower reduction and improving product packaging, is responsible for the company's foray into processed foods business with the setting up of Dabur Foods Ltd. He became the CEO of Dabur Foods in 1999 and led the company's foray into processed foods business with a range of ethnic cooking pastes and chutneys and packaged fruit juices. In July 2007, he stepped down as
Share of our healthcare portfolio went up to 45 per cent from 30 per cent and essentials like oral care did well, while share of skin-care, hair oils, and foods shrank, says CEO