Dabur Q3 Net Profit Rises 2.19% To Rs 504.35 Crore
NDTV
Dabur India Limited on Wednesday reported a 2.19 per cent increase in consolidated net profit to Rs 504.35 crore for December quarter
Homegrown FMCG major Dabur India Limited on Wednesday reported a 2.19 per cent increase in consolidated net profit to Rs 504.35 crore for the quarter ended in December 2021.
The company had posted a consolidated net profit of Rs 493.50 crore in the October-December quarter a year ago, Dabur India said in a BSE filing.
Its revenue from operations rose by 7.8 per cent to Rs 2,941.75 crore during the quarter under review as against Rs 2,728.84 crore in the corresponding quarter of the previous fiscal.
Commenting on the results, Dabur India CEO Mohit Malhotra said, "The overall operating environment remained challenging throughout the quarter with unprecedented inflation of 13 per cent and subdued consumer sentiments. We have mitigated the impact of inflation partially through calibrated price increases and cost-saving initiatives. Despite these macro-economic headwinds, Dabur remained focused on rolling out consumer-centric innovation that expanded the total addressable market."