Dabur India Q2 net profit climbs 7% to Rs 403 crore, revenue up 4%
Dabur India Q2 results: Consolidated revenue from operations of the owner of Vatika hair oil and Real juices stood at Rs 2,211.97 crore as against Rs 2,124.97 crore in the year-ago period, a growth of 4.09 per cent
- Nov 5, 2019,
- Updated Nov 5, 2019 4:34 PM IST
Homegrown fast moving consumer goods (FMCG) company Dabur India has reported a 7 per cent year-on-year growth in consolidated net profit at Rs 403 crore for the second quarter ended September 30, 2019, "despite the impact of one-time impairment in value of investments worth Rs 40 crore". Excluding this impairment, the net profit for the quarter grew 15.1 per cent on yearly basis, the company says.
"The world's leading ayurvedic and natural health care company had posted the consolidated net profit of Rs 377 crore in the same quarter last year," Dabur India said in a filing to the Bombay Stock Exchange.
Consolidated revenue from operations of the owner of Vatika hair oil and Real juices stood at Rs 2,211.97 crore as against Rs 2,124.97 crore in the year-ago period, a growth of 4.09 per cent.
"Dabur India Ltd mitigated the impact of macro-economic headwinds and a prolonged slowdown to deliver a 4.1 per cent growth in consolidated revenue and an improvement of 90 bps in operating margin during the second quarter of 2019-20 financial year," the company said in the regulatory filing.
Domestic FMCG business reported a volume growth of 4.8 per cent during the quarter. Excluding the foods business, the domestic FMCG volume growth stood at 7.4 per cent, the company said.
Homegrown fast moving consumer goods (FMCG) company Dabur India has reported a 7 per cent year-on-year growth in consolidated net profit at Rs 403 crore for the second quarter ended September 30, 2019, "despite the impact of one-time impairment in value of investments worth Rs 40 crore". Excluding this impairment, the net profit for the quarter grew 15.1 per cent on yearly basis, the company says.
"The world's leading ayurvedic and natural health care company had posted the consolidated net profit of Rs 377 crore in the same quarter last year," Dabur India said in a filing to the Bombay Stock Exchange.
Consolidated revenue from operations of the owner of Vatika hair oil and Real juices stood at Rs 2,211.97 crore as against Rs 2,124.97 crore in the year-ago period, a growth of 4.09 per cent.
"Dabur India Ltd mitigated the impact of macro-economic headwinds and a prolonged slowdown to deliver a 4.1 per cent growth in consolidated revenue and an improvement of 90 bps in operating margin during the second quarter of 2019-20 financial year," the company said in the regulatory filing.
Domestic FMCG business reported a volume growth of 4.8 per cent during the quarter. Excluding the foods business, the domestic FMCG volume growth stood at 7.4 per cent, the company said.