Dabur India reports strong fourth-quarter earnings, exceeds expectations
Thursday, 2 May 2024 ()
Dabur India, a leading Indian consumer goods company known for its diverse range of products from toothpaste to honey, has reported a significant 16.2% increase in its fourth-quarter net profit, buoyed by robust domestic demand and falling raw material costs. The company's net profit for the January-March quarter rose to 3.50 billion rupees ($41.9 million), up from 3.01 billion rupees a year earlier, surpassing analysts' expectations of 3.44 billion rupees, according to LSEG data.
Dabur India, a leading Indian consumer goods company known for its diverse range of products from toothpaste to honey, has reported a significant 16.2% increase in its fourth-quarter net profit, buoyed by robust domestic demand and falling raw material costs. The company's net profit for the January-March quarter rose to 3.50 billion rupees ($41.9 million), up from 3.01 billion rupees a year earlier, surpassing analysts' expectations of 3.44 billion rupees, according to LSEG data.
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