Dabur net up 28% on strong growth

Dabur net up 28% on strong growth

Riding on strong growth across key categories like oral care, skin care, foods and

RELATED ARTICLES

its overseas business, Dabur India ended the third quarter of the 2009-10 financial year clocking a revenue of Rs 932.56 crore as against Rs 786.21 crores a year earlier. The company reported a 28 per cent jump in its consolidated net profit at Rs 137.84 crore for the third quarter ended December over the corresponding period the previous financial year.

“This has been a good quarter for Dabur with all-round improvement. We sustained good growth momentum across key consumer care categories and geographies," Dabur India chief executive Sunil Duggal said in a statement on Wednesday. The recently-acquired Fem skin care business recorded a 25.5 per cent jump during the period. The foods business also posted a strong 21.4 per cent growth. The digestives & baby care category reported a 12.4 per cent growth, while the health supplements business — riding on strong demand for its flagship product Dabur Chyawanprash — ended the quarter with an over 10 per cent growth.

Recently, in an exclusive interview with Financial Chronicle, Amit Burman, the vice chairman at Dabur said, “In next four to five years, the OTC segment will be between Rs 2,000 to Rs 2,500 crores in terms of revenue. We will also be adding new products. If you look at OTC, it is already ahead of food. If we do it correctly, OTC, food and skin care should be at par with each other.”

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Retail investors need to be drawn to bond trading

    A country requires both a healthy capital market and a liquid debt market for vibrant economic growth. India has had the first for a long time.

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Japan’s living national treasures

While the world is fascinated by the economic “miracles” in ...

Robert Clements

Cherish good times and accept bad ones

Initially, I was angry and confused, I was even repentant…,” ...

Bubbles Sabharwal

Mothers just see things differently; they can’t help it

Before we begin on mothers, I have to share this ...