Dabur Q4 net rises 17% to Rs 200 cr, in-line with forecast

Dabur India's fourth quarter (January-March) consolidated net profit grew by 17.2 percent year-on-year to Rs 200 crore, sending shares two percent higher.

Consolidated total income rose by 12.4 percent to Rs 1543.6 crore from Rs 1,373 crore Y-o-Y.

Topline as well as bottomline were largely in-line with estimates. Analysts on an average had expected FMCG company to report net profit of Rs 200 crore on total income at Rs 1,559 crore.

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Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 16 percent Y-o-Y to Rs 260 crore in March quarter.

EBITDA margin improved 70 basis points to 17 percent, which was better-than-expected at 16.6 percent.

FMCG company reported volume growth at 12 percent in March quarter, highest in 11 quarters.
 
At 14:24 hours IST, the stock was quoting at Rs 149.80, up 1.94 percent amid hefty volumes on Bombay Stock Exchange.

Trading volumes surged 18 times to 10,66,191 equity shares as compared to its five-day average of 58,503 shares.