Dabur India Q1 Outcomes: Net profit rose 28 per cent to Rs 438 croreDabur India Limited revealed its April-June quarter results for the fiscal year 2021-22, reporting a net earnings of Rs 438 crore on a consolidated basis, compared to Rs 341 crore in the matching duration in 2015, marking a growth of 28 per cent year-on-year.
The FMCG major's earnings from operations in the very first quarter of the present fiscal stood at Rs 2,611.54 crore, compared to Rs 1,979.98 crore in the same quarter in 2015, registering a development of 32 per cent year-on-year.
The business reported strong topline and bottom-line performance as on a sequential basis, its net profit increased 16 percent, compared to Rs 378 crore in the preceding January-March quarter of fiscal 2020-21.
Dabur India's total earnings stood at Rs 2,696.38 crore in the June quarter, compared to Rs 2,051.77 crore in the year-ago duration.
The business's FMCG service grew by 35.4 percent, with a hidden volume development of 34.4 per cent in the April-June quarter, according to a regulatory filing by the firm to the stock market today.Dabur's food and beverages service reported a growth of 80.4 per cent in the June quarter.
The company's healthcare company likewise reported a growth of 30 per cent, with the health supplements category growing 24.5 percent during the quarter.
Its house care service grew by over 30 per cent and the oral care service by more than 21 percent.
The skin care and salon organization (omitting sanitisers) reported a 66 per cent development during the June quarter.
Our operating margin reported a 32.5 per cent growth during the quarter, which marked a 10 bps gain in spite of high inflationary pressures.
Our pre-tax revenue likewise grew by a robust 34 percent during the quarter, said Mr Mohit Malhotra, Chief Executive Officer, Dabur India Limited.On Tuesday, August 3, shares of Dabur India settled 2.47 percent higher at Rs 614 each on the BSE.