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The consolidated revenue was Rs 2,080.7 crore, up 16.2 percent on year in the June quarter FY19. This was helped by volume growth of about 21 percent.
Net Sales are expected to increase by 13.5 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs. 2,030 crore, according to HDFC.
Net Sales are expected to increase by 14.4 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 2,048.7 crore, according to ICICI Direct.
Brokerages forecast aggregate revenue, EBITDA and PAT growth of 13.5 percent, 21.8 percent and 22.7 percent, respectively for 1QFY19E
We expect improving growth outlook led by demand in rural areas, falling competitive intensity (except for juices) and improvement in international businesses to lead to a re-rating in the stock.
Net Sales are expected to increase by 8.3 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 2,073.6 crore, according to ICICI Direct.
Net Sales are expected to increase by 5.9 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 2,028 crore, according to HDFC Securities.
Net Sales are expected to increase by 2 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 1,953 crore, according to Prabhudas Lilladher.
We are encouraged with demand pick up in rural market. Sales growth through Dabur's Super stockist channel, which is largely rural, was 26% YoY and augurs well for a company having sales contribution of about 45-50% from rural areas.
Dabur India came out with a good set of Q3 numbers. In an interview to CNBC-TV18, Lalit Malik, CFO of Dabur spoke about the results and his outlook for the company.
Analysts expect domestic volume growth at around 12-15 percent for the quarter against 7.2 percent in Q2FY18 and negative 5 percent in Q3FY17.
The total income could rise by 4 percent at Rs 2,061 crore against Rs 1,981.6 crore year on year.
The FMCG major reported 10 percent drop year on year in its consolidated net profit for the June quarter at Rs 265 crore against Rs 293.6 crore.
Dabur India's Q1 earnings saw no fireworks with a mild miss on topline while the volume decline was on expected lines. In an interview to CNBC-TV18, Lalit Malik, CFO of the company spoke about the results and his outlook for the company.
Operating profit is likely to fall 5.6 percent to Rs 329 crore and margin may contract by 20 basis points to 17.7 percent compared with year-ago quarter.
In an interview to CNBC-TV18, Sunil Duggal, CEO of Dabur spoke about the results and his outlook for the company.
Operating profit is likely to fall 2 percent year-on-year to Rs 407 crore and margin may contract by 90 basis points to 20 percent in the quarter gone by.
FMCG major Dabur reported a 7.5 percent fall in consolidated net profit to Rs 293.76 crore for the third quarter of current fiscal. Net sales too declined 6.08 percent to Rs 1,847.67 crore.
During the period, EBITDA may slip 6.7 percent at Rs 352.8 crore versus Rs 378.2 crore while margins may stand at 17.3 percent versus 17.8 percent year-on-year.
Net Sales are expected to be flat at Rs 1980 crore Q-o-Q (down 6.9 percent Y-o-Y), according to HDFC Securities.
Commenting on the second quarter performance, Dabur CEO Sunil Duggal said the company is focusing on driving up volume growth. He added that the company will intensify promotions to propel volume growth.
Analysts will watch out outlook on volume growth, market share and international business.
Speaking to CNBC-TV18 after reporting the first quarter results, Dabur CFO Lalit Malik says some benefits of monsoons and implementation of the 7th pay commission might help lift volumes albeit at a slow pace during the second half of the year.
During the quarter, EBITDA is seen up 26 percent at Rs 365.5 crore against Rs 345.6 crore while margins may stand at 16.2 percent versus 17.7 percent (YoY).
In an interview with CNBC-TV18, Varun Lohchab gave his analysis of HUL‘s first quarter earnings and shared his outlook on the FMCG industry in general.