Dabur India Ltd, a prominent homegrown FMCG company, announced a 6.24% rise in its consolidated net profit, reaching INR 506.44 crore for the third quarter concluding in December 2023. In the corresponding period the previous year, the company recorded a net profit of INR 476.65 crore, as disclosed in a filing with the BSE.
The revenue from operations increased by 7 percent to INR 3,255.06 crore in the quarter under review, compared to INR 3,043.17 crore in the corresponding quarter of the previous fiscal year.
This was “driven by steady performance of both the Home & Personal care and Food & Beverages business,” said an earning statement from the company which owns brands such as Dabur Amla, Dabur Vatika, and juice brand Real.
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Dabur India’s total expenditures for the December quarter increased by 7.82 percent, reaching INR 2,720.62 crore.
In the third quarter of FY23, Dabur India recorded a total income of INR 3,382.43 crore, reflecting a 7.58 percent increase.
Dabur India’s shares were priced at INR 543.50 on the BSE, marking a 1.43 percent increase from the previous closing value.