Dabur India Reports 28% Rise In Net Profit To Rs 478 Crore In June Quarter

Published:Nov 29, 202304:02

Dabur India Reports 28% Rise In Net Profit To Rs 478 Crore In June Quarter

Dabur India Q1 Results: Net revenue rose 28 per cent to Rs 438 crore

Dabur India Limited introduced its April-June quarter outcomes for the monetary 12 months 2021-22, reporting a web revenue of Rs 438 crore on a consolidated foundation, in comparison with Rs 341 crore within the corresponding interval final 12 months, marking a progress of 28 per cent year-on-year. The FMCG main's income from operations within the first quarter of the present fiscal stood at Rs 2,611.54 crore, in comparison with Rs 1,979.98 crore in the identical quarter final 12 months, registering a progress of 32 per cent year-on-year.

The firm reported robust topline and bottom-line efficiency as on a sequential foundation, its web revenue elevated 16 per cent, in comparison with Rs 378 crore within the previous January-March quarter of fiscal 2020-21.

Dabur India's whole earnings stood at Rs 2,696.38 crore within the June quarter, in comparison with Rs 2,051.77 crore within the year-ago interval. The firm's FMCG enterprise grew by 35.4 per cent, with an underlying quantity progress of 34.4 per cent within the April-June quarter, based on a regulatory submitting by the agency to the inventory exchanges immediately.

Dabur's meals and drinks enterprise reported a progress of 80.4 per cent within the June quarter. The firm's healthcare enterprise additionally reported a progress of 30 per cent, with the well being dietary supplements class rising 24.5 per cent throughout the quarter. Its house care enterprise grew by over 30 per cent and the oral care enterprise by greater than 21 per cent. The skincare and salon enterprise (excluding sanitisers) reported a 66 per cent progress throughout the June quarter.

''Our working margin reported a 32.5 per cent progress throughout the quarter, which marked a ten bps acquire regardless of excessive inflationary pressures. Our pre-tax revenue additionally grew by a sturdy 34 per cent throughout the quarter," mentioned Mr Mohit Malhotra, Chief Executive Officer, Dabur India Limited.

On Tuesday, August 3, shares of Dabur India settled 2.47 per cent increased at Rs 614 apiece on the BSE.

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