Shares of FMCG major Dabur India today soared over 7 per cent after it reported 24.59 per cent rise in consolidated net profit for the first quarter ended June 30.
The scrip of the homegrown FMCG firm jumped 6.96 per cent to settle at Rs 420.25 on the BSE. Intra-day, it surged 9 per cent to Rs 428.60 -- its 52-week high.
On the NSE, shares of the company advanced by 7.25 per cent to end at Rs 422.
Dabur India today reported 24.59 per cent rise in consolidated net profit to Rs 330 crore for the first quarter ended June 30, 2018-19, driven by volume growth in key categories.
It had posted a net profit of Rs 264.86 crore in the April-June period of the last fiscal, Dabur India said in a BSE filing.
The total income of the company for the quarter under review was at Rs 2,154.33 crore. It was Rs 1,871.34 crore in the corresponding quarter of 2017-18.