Dabur India Q2 net up 20% to Rs 483 cr despite sharp rise in tax outgo

Domestic sales drive the numbers as operating revenue grows 14%

Backed by strong sales in the domestic market, Dabur India reported a sharp rise in its revenue and profit for the July-September quarter. The Ghaziabad-headquartered firm’s net profit rose 19.6 percent year-on-year to Rs 482.9 crore from Rs 403.6 crore. Its bottom line showed strong growth despite a steep 51 per cent rise in its tax outgo due to readjustments with the new accounting standards.

Dabur’s operating revenue grew 13.7 percent to Rs 2,516 crore from 2,212 crore in last September due to superior performance in the domestic market. It reported an 18 percent rise in its India business that