Dabur India Q3 net profit rises 8.62% to Rs 398.87 crore

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Healthwire Bureau

New Delhi, January 31: Homegrown FMCG giant Dabur India Ltd on Thursday posted a growth of 8.62 per cent in its consolidated net profit at Rs 398.87 crore for the third quarter ended December 31 against Rs 367.21 in the same quarter previous year.

Revenue from operations rose 6.99 per cent to Rs 2,352.97 crore during the quarter under review as against Rs 2,199.21 crore in the corresponding quarter of the previous fiscal, the company said in a filing Bombay Stock Exchange.

Total expenses during October-December rose 6.03 per cent to Rs 1,924.94 crore as against Rs 1,815.41 crore.

Dabur’s domestic FMCG business reported an underlying volume growth of 5.6 per cent during the quarter, the company said in a statement.

Commenting on the results, Dabur India CEO Mohit Malhotra said, “While the global macroeconomic environment continues to be challenging and competitive intensity remains high, we have successfully tapped the growth opportunities to deliver a strong performance during the quarter.”

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