Dabur profit rises 14% to Rs 160 crore

NEW DELHI: Driven by strong sales growth across categories, FMCG player Dabur posted a 14.4% jump in its net profit to Rs 160.4 crore in the quarter ended September 30, over the same period last fiscal. During the period, the company’s net sales increased 14.7% to Rs 972.8 crore, from Rs 847.8 crore posted in the corresponding quarter last fiscal.

Besides, the company board declared an interim dividend of Rs 0.50 per share, aggregating to Rs 87.04 crore for the financial year 2010-11. “Despite a significant rise in input costs, Dabur contained its material inflation through higher buying efficiencies and stringent cost savings programmes,” Dabur India CEO Sunil Duggal said.