Dabur Ltd posts Q4 net profit of Rs 378 crore
FMCG major Dabur India Ltd witnessed a 34 percent jump in its consolidated net profit at Rs 378 crore ($51.7 million) during the fourth quarter ended March 31, as against Rs 281 crore in the year-ago period.
The company’s revenue for the quarter rose by 25 percent to Rs 2,337 crore, as against Rs 1,865 crore it reported in the corresponding period last year.
Commenting on the results, Mohit Malhotra CEO at Dabur Ltd in a statement 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 26 percent growth in our operating profit during Q4 2020-21. Our India FMCG business led the growth with a 28 percent surge with an underlying best-ever FMCG volume growth of 25 percent,” he added.
Dabur Ltd is one of the leading companies in India with a strong presence in the personal care segment. It sells oral care brands, apart from skincare, hair oils, shampoos, home care, health supplements, among other household products.
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