Dabur India’s first quarter consolidated net profit rose 17%
year-on-year to Rs 149 crore, helped by strong demand for consumer care and
food products.
Its consolidated net sales for April-June were up 21% to Rs
1,462 crore.
Among its key business segments, consumer care revenue was
up 16% to Rs 1,175 crore and foods business sales rose 36% to Rs 212 crore.
Dabur India also runs retail stores under the brand New U,
which saw its revenue grow to Rs 13 crore from Rs 8 crore. Revenue from other
segments more than doubled to Rs 62 crore from Rs 24 crore.
In April-June, Dabur's raw material costs were up 21% to Rs
628 crore and advertising and publicity spends rose 52% to Rs 229 crore.
Dabur also reported an extra-ordinary loss of Rs 5 crore in
the quarter due to sale of its entire stake in its subsidiary Weikfield
International UAE, which was also in the consumer care business.
Dabur shares hit a 52-week high of Rs 120 on NSE on Monday.
The stock, however, closed down 0.4% at Rs 117.85.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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