Dabur India reported a 16.5% increase in its consolidated net profit for the March quarter, reaching ₹341.22 crore, up from ₹292.76 crore in the same period last financial year.
During the same period, the company’s total revenue grew 5.11% to ₹2,814.64 crore, compared to ₹2,677.80 crore in the year-ago quarter.
The products of Dabur, such as Dabur Chyawanprash or Dabur Honey, enjoyed a 14% growth of its earnings before interest, tax, depreciation, and amortization charges for the quarter, which made up ₹467 crore.
As noted in the source, the company also demonstrated a 130 basis point margin increase YoY, reaching 16.6%. The board of directors of Dabur India also declared a final dividend of Rs. 2.75 per equity share for the financial year, 2023-2024.
The robust results of the company for the quarter and the declaration of the dividend on the part of the board are likely to be appreciated by the investor community and analysts, thus helping Dabur to further solidify its standing as a main player in the FMCG domain.
