Dabur Posts 34 pc Rise in Net Profit to Rs 378 cr in March Quarter
Dabur Posts 34 pc Rise in Net Profit to Rs 378 cr in March Quarter

FMCG major Dabur India Ltd has reported a 34% hike in its consolidated net profit at Rs 378 crore during the January to March quarter from Rs 281 crore a year earlier. Its revenue moved up 25% to Rs 2,337 crore from Rs 1,865 crore in the same period.

The company said growth rode on sustained efforts to drive demand for its ayurvedic healthcare, foods, and nutrition products businesses coupled with the increased focus on distribution expansion.

Mohit Malhotra, Chief Executive Officer, Dabur India, said, “Our strategic business transformation exercise to develop and implement aggressive growth strategies in our core business areas has led to a more flexible company, helping us successfully navigate the emerging headwinds.”

“Dabur's financial situation remains strong with a 25.6% growth in our operating profit during Q4 2020-21. Our India FMCG business led the growth with a 28.3% surge with an underlying best-ever FMCG volume growth of 25.4%,” he added.

The healthcare piece reported 23% growth in Q4 with ayurvedic ethicals business growing by 39.1%, OTC business reporting a growth of 34%, digestives business growing by 20%, and health supplements category ending the quarter with a nearly 18% growth.

Dabur also witnessed a sequential revival in discretionary spending which helped the home and personal care business grow by 32.6%. The oral care category was the outperformer in this category, reporting an over 42% growth during the fourth quarter, led by a 45% surge in toothpaste business.

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