Dabur surges to 21% in Q4

FMCG major Dabur India  recently revealed a surge in consolidated net profit  to 21% in the quarter to March to Rs 284.8 crore. As per the company, consolidated net sales were up 10.2% year-on-year at Rs 1,944.8 crore. 

Commenting on the matter, Sunil Duggal, CEO at Dabur India, said: "The gradual improvement in the consumption environment has helped our business perform well on all operating parameters.Our robust business model and our ability to efficiently manage the external challenges have helped us report a strong and consistent performance even in the face of intensifying competitive pressures." 

Shares in Dabur India gained 0.99% to close at Rs 264 on the Bombay Stock Exchange on Tuesday, a day when the exchange's benchmark index, the Sensex, slipped 0.18%. 
According to Duggal, Dabur's India FMCG business ended the quarter with a 12% growth, led by an 8.1% volume growth. "Our EBIDTA margin saw a 17% growth during the quarter," he said. 
The company ended 2014-15 with a 10.7% year-on-year growth in net sales at Rs 7,806.4 crore. 
Net profit for the fiscal rose 16.6% year-on-year at Rs 1,065.8 crore. 
The company said its board has recommended a final dividend of 75%, bringing the total dividend for the year to 200%. 
"Continuing with our payout policy, the board has proposed a final dividend of Re 0.75 per share, aggregating to Rs 158.56 crore, including dividend tax," Dabur India Chairman Anand C Burman said.