Don’t miss the latest developments in business and finance.

Dabur India Q3 net profit up 8.62 pc to Rs 398.87 crore

Image
Press Trust of India New Delhi
Last Updated : Jan 30 2020 | 3:45 PM IST

Homegrown FMCG major Dabur India Ltd on Thursday reported a 8.62 per cent increase in consolidated net profit at Rs 398.87 crore for the third quarter ended December.

The company had posted a consolidated net profit of Rs 367.21 crore in October-December quarter a year ago, Dabur India said in a BSE filing.

Revenue from operations rose 6.99 per cent to Rs 2,352.97 crore during the quarter under review as against Rs 2,199.21 crore in the corresponding quarter of the previous fiscal.

Total expenses during October-December rose 6.03 per cent to Rs 1,924.94 crore as against Rs 1,815.41 crore.

Dabur's domestic FMCG business reported an underlying volume growth of 5.6 per cent during the quarter, the company said in a statement.

Commenting on the results, Dabur India CEO Mohit Malhotra said, "While the global macroeconomic environment continues to be challenging and competitive intensity remains high, we have successfully tapped the growth opportunities to deliver a strong performance during the quarter."

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 30 2020 | 3:45 PM IST

Next Story