Dabur’s consolidated web revenue rises 34% to Rs 377 crore in March quarter


Homegrown main India Ltd on Friday reported a rise of 33.98 per cent in consolidated web revenue at Rs 377.29 crore for the fourth quarter ended March 2021.

The corporate had posted a web revenue of Rs 281.60 crore within the January-March quarter a yr in the past, India mentioned in a BSE submitting.

Its income from operations throughout January-March 2021 jumped 25.27 per cent to Rs 2,336.79 crore, in contrast with Rs 1,865.36 crore within the year-ago interval.

India CEO Mohit Malhotra mentioned that in a difficult market setting, Dabur has delivered one other consecutive quarter of double-digits and gross sales development.

“Dabur’s monetary state of affairs stays sturdy with a 25.6 per cent development in our working revenue throughout the fourth quarter of 2020-21.

“Our India enterprise led the expansion with a 28.3 per cent surge, with an underlying best-ever quantity development of 25.4 per cent throughout the fourth quarter of 2020-21,” mentioned Malhotra.

Dabur’s income from the patron care enterprise phase was up 26.36 per cent to Rs 2,009.63 crore as in opposition to Rs 1,590.38 crore within the year-ago interval.

Income from meals enterprise was up 24.93 per cent to Rs 274.14 crore as in contrast with Rs 219.44 crore within the year-ago interval.

Nonetheless, its retail enterprise was down 18.2 per cent to Rs 23.13 crore from Rs 28.27 crore within the corresponding interval of the earlier yr.

Income from different segments was up 17 per cent to Rs 23.95 crore, in opposition to Rs 20.47 crore a yr in the past.

Dabur’s worldwide enterprise reported a development of 19.4 per cent in rupee phrases and 21 per cent in fixed forex phrases.

Dabur India’s complete bills was at Rs 1,969.54 crore, up 24.62 per cent as in opposition to Rs 1,580.49 crore a yr in the past.

For the complete fiscal yr 2020-21, Dabur’s web revenue was up 17.06 per cent to Rs 1,694.95 crore. It was Rs 1,447.92 crore within the earlier yr.

Its income from operation within the monetary yr was Rs 9,561.65 crore, up 9.86 per cent. It was Rs 8,703.59 crore in 2019-20.

“Dabur continued to achieve market share throughout all key classes like shampoos, toothpaste, hair oils, chyawanprash and packaged juices and nectars, throughout the quarter and the complete yr,” the corporate mentioned in a post-earning assertion.

Over the present standing, Dabur mentioned the working setting stays difficult with the emergence of the second and extra devastating wave of COVID-19.

“Regardless of the uncertainty associated to the extent and size of the contemporary wave, we’ll reply to the challenges by sharpening concentrate on our energy manufacturers and the ayurvedic healthcare portfolio,” Malhotra added. He added the corporate will even construct elevated flexibility into its planning and go-to-market methods to drive worthwhile development and achieve market share.

In the meantime, Dabur knowledgeable its board in a gathering held on Friday that it has advisable a last dividend of 300 per cent, which is Rs 3 per fairness share having a face worth of Re 1 every for the monetary yr 2019-20.

Dabur India Chairman Amit Burman mentioned, “The board has proposed a dividend of Rs 3 per share, aggregating to Rs 530.23 crore.”

Shares of Dabur India Ltd on Friday had been buying and selling at Rs 538.60 apiece on the BSE, down 1.26 per cent from the earlier shut.

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