The Hindu Business Line : Dabur Q4 net up 20 pc

FMCG major Dabur India Ltd has registered a 20.6 per cent increase in its net profit at Rs 49.71 crore for the fourth quarter ended March 31, 2006, compared to Rs 41.23 crore for the corresponding period last year. The company also announced its decision to adopt US GAAP auditing standards from this year. Sales increased 6.4 per cent to Rs 332.69 crore for the fourth quarter (Rs 312.77 crore). Dabur India's net profit during the fiscal increased 27.4 per to Rs 188.57 crore (Rs 148.02 crore). The sales turnover increased 8 per cent to Rs 1,369.68 crore, during the fiscal from Rs 1,268.72 crore during the previous year. Dabur India (Consolidated) that comprises Dabur India, Dabur Foods and Dabur International recorded a 44.3 per cent increase in net profit during the fiscal to Rs 226.6 crore from Rs 157 crore during the previous year. The board of directors of the company has declared a final dividend of 100 per cent (Re 1 per share) on the equity shares of the company for 2005-06. The company's share closed at Rs 131.4, down 3.42 per cent from the previous day's close at Rs 136.05.

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