Wednesday, September 15, 2021
Home Business Dabur India Reports 28% Rise In Net Profit To Rs 478 Crore...

Dabur India Reports 28% Rise In Net Profit To Rs 478 Crore In June Quarter

Dabur India Reports 28% Rise In Net Profit To Rs 478 Crore In June Quarter

Dabur India Q1 Results: Net profit rose 28 per cent to Rs 438 crore

Dabur India Limited announced its April-June quarter results for the financial year 2021-22, reporting a net profit of Rs 438 crore on a consolidated basis, compared to Rs 341 crore in the corresponding period last year, marking a growth of 28 per cent year-on-year. The FMCG major’s revenue from operations in the first quarter of the current fiscal stood at Rs 2,611.54 crore, compared to Rs 1,979.98 crore in the same quarter last year, registering a growth of 32 per cent year-on-year.

The company reported strong topline and bottom-line performance as on a sequential basis, its net profit increased 16 per cent, compared to Rs 378 crore in the preceding January-March quarter of fiscal 2020-21.

Dabur India’s total income stood at Rs 2,696.38 crore in the June quarter, compared to Rs 2,051.77 crore in the year-ago period. The company’s FMCG business grew by 35.4 per cent, with an underlying volume growth of 34.4 per cent in the April-June quarter, according to a regulatory filing by the firm to the stock exchanges today.

Our operating margin reported a 32.5 per cent growth during the quarter, which marked a 10 bps gain despite high inflationary pressures. Our pre-tax profit also grew by a robust 34 per cent during the quarter,” said Mr Mohit Malhotra, Chief Executive Officer, Dabur India Limited.

On Tuesday, August 3, shares of Dabur India settled 2.47 per cent higher at Rs 614 apiece on the BSE.

RELATED ARTICLES

Dabur India Reports 28% Rise In Net Profit To Rs 478 Crore In June Quarter

<!-- -->Dabur India Q1 Results: Net profit rose 28 per cent to Rs 438 croreDabur India Limited announced its April-June quarter results for the financial...

Focus on rollout of flex-fuel vehicles in a year: Nitin Gadkari to auto makers

NEW DELHI: Union road transport and highways minister Nitin Gadkari on Tuesday emphasised on the roll-out of flex-fuel vehicles (FFVs) in the Indian auto...

Exxaro Tiles Initial Public Offer (IPO) Opens For Bidding Tomorrow; Should You Invest?

<!-- -->Exxaro Tiles IPO opens for investors tomorrow - August 4Exxaro Tiles share sale via initial public offering (IPO) will open for bidding tomorrow-...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

South East Central Railway – SECR Recruitment 2021 – 432 Trade Apprentices

South East Central Railway - SECR Recruitment 2021 - 432 Trade Apprentices SECR Recruitment has release an official notification...

GSECL Recruitment 2021 – 32 Instrument Mechanic

Gujarat State Electricty Corporation Limited (GSECL Recruitment) has invited application for the post of Instrument Mechanic, please go through the following details...

IIT (ISM) Dhanbad Junior Assistant Recruitment 2021 – 73 Posts

IIT (ISM) Dhanbad Junior Assistant Recruitment 2021 Indian Institute of Technology, has inform for offical notification for the post...

Rajasthan Staff Selection Board Recruitment 2021

Rajasthan Staff Selection Board Recruitment 2021 RSMSSB Recruitment 2021 - Assistant Fire Officer Rajasthan Staff Selection...

Recent Comments

%d bloggers like this: