Wednesday 24 July 2013

Dabur India Q1 net up 25 percent to Rs 186 crore

Fast moving consumer goods company Dabur India  's first quarter consolidated net profit rose 25 percent year-on-year to Rs 186 crore.

The company's consolidated total income in April-June was up close to 13 percent from a year ago to Rs 1,657 crore. Volumes grew 9 percent versus 12 percent a year ago.

Analysts on average had expected Dabur to report a consolidated net profit of Rs 182 crore on revenue of Rs 1,648 crore, according to a CNBC-TV18 poll.

Its domestic FMCG business grew 13 percent, while international business grew 17 percent.

The company's operating profit margin in the quarter was at 14.5 percent, lower than analysts expectation of 15.3 percent.

Among its key business segments, Consumer Care business revenue was at Rs 1,343 crore, up 14 percent in April-June.

Foods business revenue rose 18 percent to Rs 250 crore and Retail business revenue gained 27 percent to Rs 17 crore, the maker of Real Fruit Juices and Vatika Shampoo said on Wednesday. Dabur operates retail stores under the New U Brand.

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