Dabur India on January 30 reported a net profit of Rs 522.38 crore for the quarter which ended on December 31. This marks an increase of nearly 2 percent from the Rs 514.22crore net profit reported in Q3 of previous financial year. Dabur shares reacted positively to the Q3 results, rising as much as 4 percent to close at Rs 539 apiece.
The company on January 30 announced its results for the October-December quarter of the current financial year. It reported a revenue of Rs 3,355.25 crore. This marks an increase of 3 percent from the Rs 3255.06 crore revenue reported in the corresponding quarter of FY24.
Dabur's total income jumped 3 percent on-year to Rs 3,483 crore. It had reported a total income of Rs 3,382 in Q3 of previous financial year. Its total expense meanwhile surged 4 percent on-year to Rs 2,826 crore. The company's EBITDA rose 1.8 percent to Rs 809.9 crore in Q3 FY25, as against Rs 795.2 crore in Q3 FY24.
Also read: Our LIVE Blog on Q3 updates
Notably, the Q3 results are more or less at par with estimates. According to a Moneycontrol poll of 10 brokerages, Dabur was estimated to report revenue at Rs 3,366 crore, rising 3.4 percent YoY. Net profit for the quarter was estimated to come in at Rs 514 crore, flat on a yearly basis.
Dabur's consumer care business saw a 4 percent rise in revenue to Rs 2,850 crore in Q3 FY25 from Rs 2,715 crore in Q3 FY24. The food business of the Chyawanprash-maker however saw a 3 percent on-year decline in revenue at Rs 429.55 crore.
"In a quarter marked by high food inflation, continued moderation in urban demand and a strong resurgence in rural markets, Dabur continued to build consumer engagement across its key brands in rural India with a focus on driving sustainable, profitable long-term growth," the company said in a press release.
"We focused on strengthening our competitive edge in the marketplace to gain market share in 95% of our portfolio and enhancing brand superiority to strengthen and consolidate our position in the categories where we operate," Dabur India Limited Chief Executive Officer Mohit Malhotra said.
Dabur further said that with the geopolitical landscape remaining volatile in the short term, shrouded by uncertain macroeconomic indicators, it has decided to revise its strategic vision cycle from four years to three years to "create a more agile organization that can quickly navigate the challenges and capture the emerging opportunities".
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