HomeNewsBusinessEarningsDabur India: Operating margin may run into stress points

Dabur India: Operating margin may run into stress points

Higher dependency on rural markets has impacted Dabur India performance. Any pick-up in activity will lead to higher growth rate

Nandish Shah

January 09, 2023 / 09:37 IST

Dabur India: Operating margin may run into stress points

Dabur India | CMP: Rs 552.90 | The scrip shed over 3 percent. The FMCG firm in its business update said that the India business is expected to report low to mid-single digit revenue growth. Healthcare portfolio returned to positive growth trajectory while demand trends for the industry remained weak during Q3FY23. Gross margin will be marginally better sequentially and rural markets showed early signs of recovery towards the end of the quarter.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More