Dabur’s first quarter consolidated net profit rose 17 per cent 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 per cent to Rs 1,462 crore.
Among its key business segments, consumer care revenue was up 16 per cent to Rs 1,175 crore and foods business sales rose 36 per cent to Rs 212 crore.
Dabur India also runs retail stores under the brand NewU, 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 per cent to Rs 628 crore and advertising and publicity spends rose 52 per cent 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.