With shadow handles, Congress joins tweet bout

With shadow handles, Congress joins tweet bout

With Modi govt on its 100-day celebration drive, Cong has chalked out a counter blitz.
BJP playing dangerous politics: Omar

BJP playing dangerous politics: Omar

Omar Abdullah accuses BJP of dividing Jammu and Kashmir on religious lines

Dabur India Q2 net profit up over 16%

Oct 26 2012, 14:34 IST
Comments 0
FMCG firm Dabur India said its consolidated net profit rose by 16.39 per cent to Rs 202.37 cr.  (Reuters) FMCG firm Dabur India said its consolidated net profit rose by 16.39 per cent to Rs 202.37 cr. (Reuters)
SummaryFMCG firm Dabur India said its consolidated net profit rose by 16.39 per cent to Rs 202.37 cr.

FMCG firm Dabur India today said its consolidated net profit rose by 16.39 per cent to Rs 202.37 crore for the second quarter (Q2) results ended September 30, on the back of robust sales across key categories, including health supplements, shampoos and skin care.

The company had posted a net profit of Rs 173.86 crore during the corresponding period of previous fiscal.

Net sales of the company rose to Rs 1,522.60 crore in the second quarter, as compared to Rs 1,262.33 crore in the same quarter a year earlier, Dabur India said in a statement.

Commenting on the results, Dabur India Ltd Chief Executive Officer Sunil Duggal said that the company managed rising cost pressures through a mix of judicious price increases and improved buying efficiencies.

"Despite signs of an economic downturn and increased competitive intensity in the market, Dabur India Ltd has maintained strong growth momentum and continues to register sales growth ahead of the market in several key categories," Duggal added.

He said the company remains on course to strengthen its brand portfolio, improve competitiveness in the market place and deliver profitable growth.

"Continuing with our payout policy, the board has declared an interim dividend of Re 0.65 per share, aggregating to a total payout of Rs 131.67 crore," Dabur India Ltd Chairman Anand Burman said.

The company's shampoo category ended the quarter with a 40.2 per cent growth over the same period of previous fiscal, while the skin care business, riding on Fem, reported a near 25 per cent growth, the company said.

The home-care business ended the quarter with a 23 per cent growth as compared to same period of 2011-12 fiscal, while the health supplements business grew by 15.7 per cent, it added.

The company said its international business recorded a growth of 24.8 per cent during the second quarter as against the same period of 2011-12 fiscal, led by robust performance in GCC, Egypt and Nigeria.

Shares of Dabur were trading at Rs 133.40 on the BSE in late afternoon trade, up 0.57 per cent from their previous close.

Company INFO More on Dabur India Ltd

Stocks More on Dabur India Ltd

Ads by Google

More from Business

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...