Dabur India Q1 net up 38%; to raise $200mn

Dabur India Group has posted a 38% increase in consolidated net profit at Rs 48.22 crore for the quarter ended June 30, 2006 (Q1FY07) when compared with Rs 34.87 crore for Q1FY06.

According to an official release issued by Dabur to the BSE today, total income has increased from Rs 416.51 crore in Q1FY06 to Rs 480.79 crore for Q1FY07.

The board of the company has also approved the proposal for issue of up to $200 million, of foreign currency convertible bonds (FCCBs), GDRs, ADRs, bonds or any other securities, the release said.