Home / Business and Economy / Dabur's Q3: Rural Demand Fuels 7% Profit Growth
Dabur's Q3: Rural Demand Fuels 7% Profit Growth
29 Jan
Summary
- Profit rose 7% year-on-year to ₹553.6 crore.
- Rural demand outperformed urban markets for eighth quarter.
- International business grew 11.1%, led by US and Bangladesh.
Dabur India reported a steady performance for the December quarter, with a net profit of ₹553.6 crore, marking a 7.3% year-on-year increase.
Revenue saw a 6% rise to ₹3,558.6 crore, broadly aligning with market estimates.
The company's India FMCG business grew by 6%, driven significantly by rural demand, which has now outpaced urban markets for eight consecutive quarters.
Dabur's distribution network expanded to over 8.5 million outlets, reinforcing its position as a widely distributed FMCG company in India.
Key categories like Hair Oils, Foods, and Toothpaste demonstrated strong growth, with the Hair Oils business alone contributing to a record market share of approximately 20% for Dabur.
The international business performed exceptionally well, achieving 11.1% growth, boosted by strong performances in Turkey, the MENA region, the US, and Bangladesh.
CEO Mohit Malhotra highlighted innovation and brand building as key drivers of this volume-led growth, expressing optimism for sustainable future growth.
