Dabur net profit climbs 22.1%
Volume-driven growth led by hair oils, shampoo, skin care and home care
Indian consumer goods giant Dabur has ended the third quarter of the 2012-13 financial year with a 12.3% growth in consolidated net sales to Rs 1,630.72 Crore. The company also saw a 22.1% rise in consolidated net profit to Rs 211.11 Crore, up from Rs 172.82 Crore in the prior year. The sales uptick was driven by strong volume-driven growth across all of Dabur’s key categories including hair oils, shampoo, skin care and home care.
“We have delivered another quarter of strong volume-led growth with an improvement in margins. Dabur has been reporting strong and consistent performance despite Inflation playing truant and competitive pressures intensifying in some key categories. Dabur mitigated the impact of high input costs with calibrated price increases and stringent cost management initiatives. This helped Dabur record a 19.7% growth in EBITDA during the quarter,” said Sunil Digga, Dabur India Ltd Chief Executive Officer.
