Dabur net up 18.37% in FY13

Net sales for the year rose 16.3% to Rs 6,146 cr

Driven by strong growth across key categories such as health supplements, hair care, food and home care, Dabur India on Tuesday reported an 18.37 per cent increase in net profit at Rs 763 crore for the year ended March 2013. Net sales for the year rose 16.3 per cent to Rs 6,146 crore.

The company had reported a net profit at Rs 645 crore and net sales of Rs 5,283 crore in the year ended March 2012.

Dabur stated in a statement the company had braved the macro headwinds and business disruptions in certain geographies to deliver another quarter of strong growth in profits.

Dabur India’s net profit for the quarter ended March 2013 stood at Rs 200.55 crore, an increase of 17.59 per cent from Rs 170.51 crore during the last corresponding quarter.

“The domestic consumer business reported an over 15 per cent growth during the quarter, driven by a volume growth of over 12 per cent. This is the highest volume growth reported by Dabur in 11 straight quarters,” Dabur India chief executive officer Sunil Duggal said in a statement.