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The board of directors of Dabur India on Monday recommended an interim dividend of 125 per cent for 2014-15.
In a statement, Dabur India Ltd Group Director P D Narang said: “Continuing with our payout policy, the board has proposed an interim dividend of Rs 1.25 per share, aggregating Rs 256.8 crore, including dividend tax.”
Dabur India said that the decision was taken in view of the strong financial performance recently announced by the company.
Dabur India had ended the first quarter of 2014-15 with a 13.2 per cent jump in consolidated net sales at Rs 1,863.90 crore, while consolidated net profit grew 13.3 per cent to Rs 210.8 crore.
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