Homegrown FMCG company Dabur India Ltd posted 25.3 per cent jump in net profit to Rs 70.14 crore for the quarter ended June 30, 2008 as compared to Rs 55.97 crore for the quarter ended June 30, 2007.
The total turnover for the quarter stood at Rs 532.29 crores, up 12.2 per cent over Rs 474.24 crores a year earlier. Dabur’s consolidated sales surged 15.5 per cent during the first quarter of 2008-09 to Rs 612.39 crores as against Rs 530.37 crores a year earlier.
Dabur's International Business surged 39.5 per cent with strong performances from Egypt, GCC and African markets. "Sales in GCC region increased by 52% led by higher pricing power and increased consumer offtakes. Sales in the African markets more than doubled during the quarter, led by strong growth in Nigeria. We have built strong capabilities to tap emerging opportunities in these markets,” said Dabur India Ltd Chairman Anand Burman.
