The Hindu Business Line : Dabur posts 23.7 pc rise in Q3 net profit

Good performance
Dabur India (consolidated) also saw an increase of 22.1 pc in its Q3 net profits.
`The key drivers of growth were international business, foods, oral care, health supplements and home care products.'

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New Delhi Jan. 19 Dabur India Ltd on Friday reported a growth of 23.7 per cent in net profit for the third quarter ended December 31, 2006, to Rs 71.73 crore from Rs 57.97 crore in the same period last year. The company also recorded an increase of 25.7 per cent in its Q3 net revenue to Rs 508.70 crore from Rs 404.84 crore, in the corresponding quarter of the previous year.

Dabur India (consolidated) also saw an increase of 22.1 per cent in its Q3 net profits to Rs 79.27 crore from Rs 64.93 crore in the same period last fiscal. While the net revenue also increased by 14.9 per cent to Rs 617.59 crore from Rs 537.40 crore, in the corresponding quarter previous year.

For the nine-month period ending December 31, 2006, Dabur India Ltd reported an increase of 34.2 per cent in its net profit to Rs 186.38 crore as compared to Rs 138.86 crore in the same period last year. The net revenue in the nine-month period also grew by 28.6 per cent to Rs 1,333.26 crore from Rs 1,036.99 crore in the corresponding period previous year.

"The key drivers of growth were international business, foods, oral care, health supplements and home care, all of which recorded strong double digit growth, . said Mr Sunil Duggal, CEO, Dabur India.

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