Comments
Dabur India has posted a consolidated net profit of ₹ 261.1 crore, up 23.9 per cent, for the first quarter ended June 30, 2015 against ₹ 210.8 crore in the corresponding quarter previous fiscal. Consolidated net sales grew 10.7 per cent to ₹ 2,064.1 crore.
Sunil Duggal, CEO, Dabur India, said, “The macro-economic scenario remains challenging. In this subdued environment, we remained watchful, agile and prudent, managing our business dynamically to deliver another quarter of competitive and profitable growth.”
He added that going forward the company will focus on cost efficiencies and pursue aggressive and profitable growth strategy.
The company’s toothpaste business grew 24 per cent, while the OTC & ethicals business ended the first quarter with a 16.7 per cent growth.
Foods category reported a 15.5 per cent growth during this period. While the hair oil category reported a 13 per cent growth, shampoo business ended the quarter with an 11.5 per cent growth. Home care business grew nearly 12 per cent.
“Despite disruptions in some overseas geographies, we are managing our business dynamically to ensure that we remain competitive and cost-efficient. Our Turkey business grew by over 22 per cent, while sales in Nepal grew by over 14 per cent and GCC markets by 10 per cent,” the Dabur India, Group Director, P D Narang, said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.