Riding on volume-driven growth, Dabur India reported an 11.53 per cent jump in net profit to Rs 172.82 crore for the quarter ended December 31, 2011. The company had posted a net profit of Rs 154.05 crore in the year ago period.
“Despite inflationary pressures and macro-economic challenges, we have managed well with price increases and cost efficiencies,” said Mr Sunil Duggal, CEO, Dabur India.
The company recorded a 34.5 per cent surge in consolidated net sales to Rs 1,452.68 crore (Rs 1,079.97 crore).
Dabur's international business recorded 37.8 per cent growth (excluding acquisitions) during the period. “The Nigeria business reported 33 per cent growth, while sales in Gulf Cooperation Council markets grew by 27 per cent during the quarter. Egypt, too, reported a 25 per cent growth,” said Mr P.D. Narang, Director, Dabur India Ltd.