Dabur Q1 profit rises 15% to ₹591 crore; company evaluates D2C acquisitions
Dabur India reported June-quarter consolidated revenue of ₹3,764.4 crore, up 10.6% year on year, while net profit grew 15% to ₹591 crore. The FMCG major is assessing one or two acquisitions, including D2C businesses, over the next three years.
Dabur India reported 15% year-on-year June-quarter profit growth to ₹591 crore and revenue of ₹3,764.4 crore. The FMCG company is evaluating acquisition of one or two companies, including D2C players, over the next three years.
Why this matters
The results follow Dabur’s recent disclosures that it is scouting 2-3 acquisition targets for up to two deals in three years and facing continued volume pressure despite double-digit June-quarter growth.
Retail-company signals are accelerating, up +308625% QoQ.
Also reported by
- The Hindu BusinessLine — 1h after first sighting