Dabur India Reports Dip in Quarterly Profit Amid Inflation Challenges

Dabur India Ltd reported a 17.65% decline in net profit for the September 2024 quarter, totaling Rs 417.52 crore. Revenue dropped by 5.46% amidst high food inflation affecting urban demand. Despite the downturn, Dabur engaged consumers effectively, ending the quarter with Rs 3,029 crore in revenue.

Dabur India Ltd, a leading player in the FMCG sector, has disclosed a 17.65% drop in its consolidated net profit for the September 2024 quarter, amounting to Rs 417.52 crore. This is a decline from the Rs 507.04 crore recorded during the same quarter last year, as stated in its regulatory filing.

Operational revenue for the company also saw a decrease of 5.46%, falling to Rs 3,028.59 crore compared to Rs 3,203.84 crore in the preceding fiscal year's corresponding quarter. Despite these financial challenges due to high food inflation impacting urban market demand, Dabur India continued to maintain consumer engagement in its key brand portfolio.

Total expenses for Dabur declined by 1.31% to Rs 2,634.40 crore for the quarter. The company's shares recorded a rise, closing at Rs 546.95, up by 2.07% on the BSE.

(With inputs from agencies.)