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HomeNewsBusinessEarningsDabur India Q3 profit may jump 19% to Rs 289 cr: Poll

Dabur India Q3 profit may jump 19% to Rs 289 cr: Poll

Dabur India's third quarter consolidated profit is expected to increase 19 percent year-on-year to Rs 289 crore aided by higher other income and lower interest costs, according to the average of estimates of analysts polled by CNBC-TV18.

January 29, 2015 / 18:03 IST

Dabur India's third quarter consolidated profit is expected to increase 19 percent year-on-year to Rs 289 crore aided by higher other income and lower interest costs, according to the average of estimates of analysts polled by CNBC-TV18. Earnings will be declared on Friday.

Total income of the FMCG major is seen rising 11.8 percent to Rs 2,134 crore during October-December quarter from Rs 1,909 crore in the year-ago period.

Analysts see volume growth at 8-9 percent in the quarter ended December 2014 against 9.2 percent in same quarter last fiscal. In Q2FY15, volume growth was 8.7 percent against 10.5 percent Y-o-Y.

They expect international business to record a (slow growth) 11-12 percent Y-o-Y growth on a base of 26 percent in the year-ago period.

According to a poll, there are expectations of some benefits of correction in raw materials in Q3 while bulk of the benefits is likely to flow in Q4FY15.

Operating profit (EBITDA) may jump 17.6 percent year-on-year to Rs 350 crore and margin may expand 80 basis points to 16.4 percent during the quarter, driven by lower input costs in the domestic business.

Advertising spends are likely to soften on a year-on-year basis.

first published: Jan 29, 2015 06:03 pm

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