Dabur India reports 11.8% rise in Q1 net profit; sales up marginally

The FMCG major had reported a net profit of Rs 261.84 crore in the corresponding quarter last year.

Dabur India reports 11.8% rise in Q1 net profit; sales up marginally
NEW DELHI: Dabur India on Wednesday reported a 11.82 per cent YoY rise in consolidated net profit to Rs 292.80 crore in the June quarter.

The FMCG major had reported a net profit of Rs 261.84 crore in the corresponding quarter last year.

Consolidated net sales for the quarter rose 1.15 per cent to Rs 1,923 crore, compared with Rs 1,901 crore in the corresponding quarter last year.

The modest revenue growth was on account of muted growth in consumer care business, whose revenue rose to Rs 1,547.79 crore in June quarter, compare with Rs 1,539.59 crore in the year-ago quarter.

The stock retreated following the results. At 2 PM, the scrip was trading 1.01 per cent higher at Rs 306.40 on BSE.

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