Small BusinessDabur Q3 net jumps 28% to Rs 138 cr
Driven by healthy growth across key personal care categories, the homegrown FMCG major Dabur today reported a 28 per cent jump in its consolidated net profit at Rs 137.84 crore for the third quarter ended December over the corresponding period last fiscal.
- SAIL clocks Rs 1,675 cr profit in Q3 - KEC Intl Q3 net surges 85% to Rs 46 cr - Firstsource Solutions Q3 net jumps three-fold - Indiabulls Fin Services Q3 net drops 6% to Rs 64 cr - Power Grid Q3 net rises 31% to Rs 488 cr - GSK Consumer Q4 net up 3.3% at Rs 34 cr
During the quarter, its consolidated net sales touched Rs 926.18 crore, an increase by 19 per cent from Rs 778.65 crore recorded in the same period previous fiscal.
"This has been a good quarter for Dabur with all-round improvement. We sustained good growth momentum across key consumer care categories and geographies," Dabur India Chief Executive Sunil Duggal said in a statement here today.
The city-based company"s shampoo range, led by Vatika, recorded a smart 41 per cent surge in sales, while the oral care business saw a full 25 per cent growth during the quarter under review.
"Revenue from key categories are scaling up on expected lines and costs are being better managed," Duggal said.
The company also said its skin care business has grown by 32.5 per cent during the quarter led by increased demand for the Gulabari range, while another skin care brand Fem, which it had acquired last year, has grown 25.5 per cent during the reporting quarter.
The company"s overseas business also saw robust growth recording 18.2 per cent growth on the back of healthy sales in the Gulf Cooperation Council (GCC) market, Egypt, Nigeria and Bangladesh.