Dabur India Faces Revenue Dip Amid Weather Woes and Strategy Shift

Dabur India Ltd's shares plunged over 6% following the company's announcement of a likely revenue decline in Q2. Weather-related disruptions and strategic inventory adjustments impacted performance, despite demand improvement. The firm expects international growth but domestic revenues may fall due to distributor inventory corrections.

Shares of FMCG giant Dabur India Ltd saw a significant drop, closing over 6% lower, as the company revealed potential revenue challenges for the second quarter.

Unfavorable weather conditions, alongside deliberate distributor inventory corrections, have curtailed sales, especially impacting the beverage sector, officials reported.

International markets, however, offer a silver lining, with expectations of double-digit growth amid declining domestic performance.

(With inputs from agencies.)