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Dabur’s International Biz continue to grow at a rapid pace
Dabur’s International Business continued to grow at a rapid pace with the division recording an impressive growth of 40.5%, led by robust performance in GCC, Egypt, Nigeria, Yemen and North African markets.
Dabur India has announced its its second quarter numbers. Its Q2 consolidated net profit stood at Rs 107.8 crore versus Rs 78.6 crore.
Its consolidated net sales were at Rs 699.3 crore versus Rs 564.1 crore.
The company's other income was at Rs 6.36 crore versus Rs 10.3 crore.
Its operating profitwas at Rs 131.2 crore versus Rs 107.9 crore.
Key takeaways from Dabur India's concall:
18.1% growth in standalone net profit.
It is continue to sustain strong growth momentum in key categories like Hair Oils, Shampoos and Baby & Skin Care.
Hair Oils reported an impressive over 20% growth in the quarter led by Anmol Coconut Oil and Dabur Amla Hair Oil.
Shampoos continued to outperform the category with a growth of over 36%.
Baby & Skin Care business reported a near 18% growth following the expansion of Dabur Gulabari skin care.
Dabur's International Business continued to grow at a rapid pace with the division recording an impressive growth of 40.5%, led by robust performance in GCC, Egypt, Nigeria, Yemen and North African markets.
Shampoos market share has been increased from 4.3 to 5.4%.
Two hair oil are going to be launched in coming quarter.
In oral care business, Babool rose by only 2% because of price rise. The price has been corrected.
Growth in food business is lower than other business segment.
company does not expect any price hike in next 6 months.
In oil business, volume-price growth ratio is 10:6.
