Dabur India on Monday reported a 16 per cent rise in net profit at Rs 170.52 crore for the fourth quarter ended March 31, 2012, over the year-ago period.
The rise in profit can be attributed to strong growth across categories such as hair oil, food business, skin care, shampoo, and health supplements.
The company had posted a net profit of Rs 147.04 crore in the same period of previous fiscal.
Net sales for the quarter stood at Rs 1,363.58 crore, up 23 per cent from Rs 1,108.22 crore in the year-ago period, a company release said.
“The board has proposed a dividend of Re. 0.75 per share, aggregating to Rs 151.86 crore,” Dr Anand Burman, Chairman, Dabur India Ltd, said.
Dabur India Ltd surpassed the billion-dollar turnover mark during the 2011-12 fiscal to end the year with net sales of Rs 5,283.17 crore, up 29.5 per cent from Rs 4,077.43 crore a year ago.
Net profit for the 2011-12 fiscal marked a 13.4 per cent growth to Rs 644.89 crore, up from Rs 568.58 crore a year ago.
The 2011-12 fiscal also saw Dabur's Foods Division cross the Rs 500-crore turnover mark.
The shares of Dabur India closed at Rs 111.60 apiece on the BSE, up one per cent from its previous close.