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Dabur India: Volume, margin recovery a work in progress

Nandish Shah   •

The demand slump in rural markets has bottomed out and the company is now seeing some green shoots of revival in demand in the hinterland.

Dabur India | CMP: Rs 555 | The share price ended in the red on February 2. FMCG major reported a 5.5 percent year-on-year fall in consolidated net profit to Rs 476.6 crore for the quarter ended December 2022. Net profit stood at Rs 504 crore in the same quarter a year ago, Dabur said in a stock exchange filing. However, revenue from operations grew 3.5 percent YoY to Rs 3043 crore from Rs 2942 crore in Q3 FY22. Revenue crossed the Rs 3000 crore mark for the first-time ever, informed the company in an exchange filing.

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