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According to ICICIdirect.com, Dabur India to report a 32 percent growth quarter-on-quarter (up 21.2 percent Y-o-Y) in net profit at Rs 246.9 crore.
According to Motilal Oswal, Dabur India to report a 23.3 percent growth quarter-on-quarter (up 13.4 percent Y-o-Y) in net profit at Rs 229.3 crore.
Consolidated profit after tax (post minority interest) is expected to increase 16.6 percent year-on-year to Rs 236 crore and total income may grow 13.5 percent on yearly basis to Rs 1,734 crore in three months period ended September 2013.
The fast moving consumer goods company expects steady growth in all categories for FY14, says Dabur India's Lalit Malik.
Dabur India's total income is seen going up by 12 percent to Rs 1,648 crore in June quarter from Rs 1,472 crore reported in a year ago period, driven by strong growth in fruit juice business.
Dabur India which reported its fourth quarter number today posted a volume growth at 12 percent, which is highest in last 11 quarters. The company said that they will be able to maintain volume growth of 8-10 percent going forward.
FMCG major Dabur India is likely to report a 17 percent increase in consolidated net profit at Rs 200 crore, on revenue of Rs 1,559 crore, up 14 percent, according to a CNBC-TV18 poll.
The fourth quarter earnings will begin from Friday. In an interview to CNBC-TV18, Varatharajan Sivasankaran of ICICI Securities outlined his expectations from stocks across various sectors.
In an interview to CNBC-TV18, Sunil Duggal, CEO, Dabur India said although the headline numbers looked a little lower, the domestic consumer business which is the chief generator of profits is growing at 14.5 percent, with almost double-digit volume growth.
FMCG firm Dabur India is set to report healthy set of numbers in the third quarter of financial year 2012-13. Analysts on an average expect consolidated profit after tax to grow by 19 percent year-on-year to Rs 205 crore in the quarter.
Motilal Oswal has come out with its earnings estimates for consumer sector for the quarter ended December 2012. The research firm feels the EBITDA is likely to grow by 21.3 percent led by margin expansion in Hindustan Unilever, ITC, Asian Paints, Nestle, GSK Consumer and Marico.
Fast moving consumer goods majors in India are expected to report strong double-digit earnings growth in Oct-Dec, helped by helped by a surge in demand during the festivals, price hikes taken by some companies during the quarter and decline in cost of several raw materials.
Angel Broking has come out with earning expectations for FMCG sector for the October-December quarter of 2012. The research firm expects 3QFY2013 to be a reasonably strong quarter for its FMCG universe with top-line and bottom-line growth coming in at 15.8 percent and 11 percent respectively.
Considerable price hikes, festival season and reform measures announced by the Union Government over the past few months are likely to augur well for the fast moving consumer goods (FMCG) companies in Q3FY13.
In an interview to CNBC-TV18, Varun Lohchab, MD & Co-Head of Research, Religare Capital Markets said that from result perspective, it will not be a great quarter especially for the steel companies.
In an interview to CNBC-TV18, Sunil Duggal, Chief Executive Officer, Dabur India Ltd. spoke about the performance of the company which released its Q2 results today posting 16% profit to Rs 202 crore in-line with expectations.
Most fast moving consumer goods companies are expected to report a steady double-digit revenue growth in the July-September quarter, with no signs of a slowdown, especially in the daily consumption products, while softer raw material prices will drive margins.
Motilal Oswal has come out with its earnings estimates on consumer sector for September quarter FY13. According to the research firm, steep INR depreciation has negated the impact in many commodities, prices of which are linked globally.
Despite the economic slowdown and a not-so-good monsoon, fast moving consumer goods (FMCG) companies are likely to post strong financial growth in the July-September quarter of FY13, research firms have indicated.
Sanjay Manyal of ICICI Direct sees ITC's margin growth dip around 100 basis points year on year due to the excise duty hike announced in the Budget this year.
Fast moving consumer goods companies are expected to report on average around 20% year-on-year sales growth in the Jan-March quarter, helped by some softening of input costs and price hikes.
Chief executive of Dabur India Sunil Duggal says they are mulling a 5% price hike in the next quarter so as to overcome margin pressures due to inflation in raw materials.
Fast moving consumer goods companies seem to have ridden the economic slowdown quite well, and are expected to report a strong growth in volumes, even as firms hiked some product prices to offset high input costs.
Sanjay Singh, associate director of Standard Chartered Securities India says, HUL’s Q3 performance was ahead of the expectations. He sees HUL consolidating in the near-term and 20% upside in one-year.
In an interview to CNBC-TV18, Sunil Duggal, chief executive officer of Dabur says, the company expects 10% volume growth in the coming quarters.