Leading FMCG firm Dabur India is planning to scale up its portfolio in the babycare segment by launching more products in coming days.
Leading FMCG firm Dabur India is planning to scale up its portfolio in the babycare segment by launching more products in coming days,as per a company official.
Commenting on the matter,Ramarao Dhamija,category head (mother and child care) of Dabur India said:"We are aspiring to be a serious player in the baby care segment... Dabur wants to increase the revenue contribution from the baby care segment by launching a slew of brands in coming days and also investing in the."
Currently, Dabur has three products in the segment that contribute around Rs 140 crore to the overall revenue of Dabur, which stood at Rs 7,800 crore, Dhamija said today at the launch of a massage oil brand for babies.
The company reported a 21.03 per cent increase in consolidated net profit at Rs 284.8 crore for the fourth quarter of 2014-15. The scrip was trading at Rs 262.35 on BSE during the afternoon session, down 0.63 per cent from the previous close.
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