1 month ago

Dabur Reports Mixed Q1 Results Amid Economic Pressures

Dabur Reports Mixed Q1 Results Amid Economic Pressures
Dabur volumes to remain under pressure, says global CEO Mohit Malhotra · livemint.com

Dabur India, a company that sells products like honey, hair oil, and toothpaste, reported its results for the first three months of the year.

While their profits and sales went up, the amount of products they sold grew by only 5%, which is less than before.

The CEO, Mohit Malhotra, said that things like the cost of raw materials and the monsoon are making it hard to sell more products.

However, rural areas are doing better than cities, and the company is trying to manage these challenges by raising prices and changing pack sizes.

Overall, Dabur is doing okay, but they have to deal with some tough economic conditions.

Key facts

Consolidated Net Profit
₹586.16 crore
Consolidated Revenue
₹3,764.3 crore
Volume Growth
5%
Operating Profit
₹741.4 crore
Operating Margin
19.7%
Rural Demand Growth
6.2%
Urban Demand Growth
4.6%
Retail Inflation
4.38%

Quotes

Mohit Malhotra

Dabur India Global CEO

““While the inflation is picking up, that's a little concern, but the government is offering a lot of swaps in terms of minimum selling price (MSP), and I think we should be able to navigate the season and the full year also on the back of good rural and also decent urban growth.””
livemint.com
““Price growth and value growth are becoming higher as compared to the volume growth.””
livemint.com

Sources

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