Q3 net profit up 12% for Dabur India
Health supplements and toothpaste remain key sales drivers
Dabur India has announced the company’s financial results for the quarter and nine-month period ended 31 December 2010. The third quarter of 2010-11 financial year ended with almost a 12% increase in consolidated net profit up to Rs154.05 crore.
Health supplements were among the sales driving products, ending the quarter with a 12.7% growth while toothpaste was also a successful category reporting a 15.2% growth. Meanwhile consolidated gross sales for the third quarter were up 16.9% to Rs2,992.64 crore.
“Despite the inflationary pressures, we have managed our business dynamically through a combination of judicious price increases and greater focus on cost efficiency. Going forward too, we will continue to focus on delivering profitable growth,” commented Sunil Duggal, chief executive officer of Dabur India.
